The Ethereum Merge, announced on Thursday, is a “landmark, historic moment” for the entire cryptocurrency market that will be a “major catalyst” driving prices higher in the long term, according to the
The World Health Organisation’s belief that the end of the COVID-19 pandemic is now in sight has Cypriot virologist Dr Peter Karayiannis attributing the estimate to increased vaccination coverage. “Coronavirus can no
Small businesses are walking a tightrope as they see no end to the hiking cost of raw materials and energy bills while their turnover is shrinking. In comments to news site Stockwatch,
Cyprus is expected to join the club of countries that issue eco bonds, with the first issuance of “green loans” before the end of the year, Finance Minister Constantinos Petrides said. “The
The government has defended criticism from unions over the national minimum wage, arguing that €940 a month is among the highest in the EU, offering low earners more purchasing power than their
By Craig Erlam Stock markets are mixed on Thursday following a rollercoaster week in the run-up to, and aftermath of, the US inflation report. Investors got ahead of themselves in a desperate
Larnaca must wait a little longer for its new-look marina, as Kition Ocean Holdings – the Cypriot-Israeli consortium awarded the €1.2 bln redevelopment project – announced it is delaying the opening until
Cyprus and Israel conducted an annual military exercise, codenamed IASON – 2022, this week as part of their flourishing defence cooperation program. According to the Defence Ministry, the exercise took place within the Nicosia
US private equity firm Lone Star is not giving up on buying Bank of Cyprus, with senior officials in Nicosia to negotiate with stakeholders. Despite seeing three cash offers rejected by the
The cabinet on Wednesday approved experts’ recommendation to roll out a second booster shot for COVID-19 using the updated ‘bivalent’ vaccines. The government said the decision was made after the vaccination committee
