Switzerland’s wealthy and diversified economy, strong fiscal position, and low public debt ratio provide buffers to withstand a substantial shock in excess of the explicit support the government has offered to UBS
Main opposition party AKEL is stepping up pressure for investigations into the involvement of ex-President Nicos Anastasiades’ former law office in the golden passport scheme following an indictment handed by the Cyprus
Supermarkets and retailers have signalled a new wave of price hikes on commodities, especially foodstuffs, as goods importers are considering adjusting their invoices quoting increased costs. Marios Antoniou, general secretary of the
By Craig Erlam It’s been another lively start to the week following a busy weekend in which Swiss authorities had been working tirelessly to complete the sale of Credit Suisse and avoid
Cyprus police are still treating the death of 28-year-old Lesya Bykova from Ukraine, found dead near Aphrodite’s Rock in Paphos, as murder, and were expected to seek a renewal of the remand
The banking crisis that spooked investors and sent shockwaves around the world could ultimately be beneficial for financial markets, the CEO and founder of a leading financial advisory and fintech said on Monday
No European nation has increased their concentration of brain business jobs faster than Cyprus since 2014, according to the European Centre for Entrepreneurship and Policy Reform. Brain business jobs are considered essential,
As the European Central Bank decides to push up interest rates by another 50 basis point Cypriot banks are prepping to push up interest rates on deposits, acknowledging the increase in interest
Cyprus is one of the most expensive countries out of a list of 39 in Europe to charge an electric vehicle, adding another con to the list of Cypriot motorists thinking of
The former ruling Democratic Rally, licking its wounds having lost the presidential elections, has won a last-minute reprieve with the majority of party members electing House Speaker Annita Demetriou as their new
