Banks must address structural vulnerabilities

Increased interest revenue from monetary policy normalisation should not overshadow Cypriot banks’ structural vulnerabilities, argued Cyprus Central Bank governor Constantinos Herodotou. Speaking to MPs, Herodotou said Cypriot banks are expected to significantly

COVID19: SARS-CoV-2 virus will run out of steam

It is only a matter of time before the SARS-CoV-2 virus weakens despite new mutations, argues virologist and government advisor Dr Petros Karayiannis. Karayiannis, a Health Ministry’s Scientific Advisory Committee member, said

Mobile traffic cam van shot at again

For the second time in less than two weeks, a mobile traffic cam van was attacked in a drive-by shooting, but nobody was hurt. The attack happened on Monday night when the

Cyprus can help solve EU energy crunch

Budapest believes Cyprus’ yet untapped natural gas finds can help resolve Europe’s energy crisis instead of price caps and sanctions on Russian energy, said Hungary foreign minister Péter Szijjártó Monday. Cyprus’ gas

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President to be honoured by Pope

The Cyprus problem, migration, climate change, Lebanon and the Ukraine war were discussed during a meeting on Monday between President Nicos Anastasiades and Pope Francis at the Vatican. President Anastasiades said he

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