Cyprus joined the sustainable bond markets issuing its inaugural ten-year eco bond for €1 bln with a coupon of 4.125% and a reoffer yield of 4.219%, the Finance Ministry’s Public Debt Management
The government plans to extend a subsidy on electricity bills introduced by the previous administration but will discontinue a freeze on consumer fuel tax. According to Phileleftheros daily, quoting government sources, President
Income from tourism reached €45.6 mln in January, easily surpassing the revenue from tourists last year and 2019, which set a record for Cyprus. Based on the results of the Passenger Survey
Discussions around AI-related stocks and ETFs were abundant and engaging at Germany’s major financial fair, Invest 2023, held in Stuttgart. “The Invest Fair is a fantastic gathering of proactive investors, innovative technology
Spain will spearhead a new European Union initiative to break the six-year deadlock in Cyprus peace talks, Spanish Prime Minister Pedro Sanchez said Tuesday. Sanchez made the commitment after talks with Cypriot
The Turkish-occupied north was left in the dark on Monday after suffering a general blackout, with Turkish Cypriot authorities screaming foul play, blaming workers at the electricity authority. As reported by news
By Lukman Otunuga, Senior Research Analyst at FXTM European shares were painted green on Tuesday even as oil prices extended gains following the unexpected production cuts from OPEC+ on Sunday. However, a
Cyprus police are searching for three Russian-speaking suspects who made off with €180,000 5k diamond from a swanky jewellery shop in Limassol’s tourist area of Yermasoyia. Talking to state radio CyBC, Limassol
By Craig Erlam Stock markets were moving cautiously higher again on Tuesday as anxiety continues to subside in the aftermath of last month’s mini-banking crisis. RBA pauses The RBA paused its tightening
During Q4 2022, guests spent around 97 million nights in short-term rental accommodation in the EU, booked via Airbnb, Booking.com, Expedia Group or TripAdvisor, according to Eurostat. This is up +25% compared
