Debt held by households and non-financial corporations in the first quarter of 2022 amounted to €56.2 bln, according to the Central Bank of Cyprus. Household debt in Q1 was €20.2 billion, corresponding
Cyprus MPs rejected President Nicos Anastasiades’ decision to send back to the House legislation scrapping VAT on fuel and electricity bills until the end of the year to ease the cost of
Cyprus reported its first case of monkeypox on Tuesday; the 40-year-old man said to have contracted the virus had a travel history. The Health Ministry confirmed the man was found positive for
Health experts advise people from vulnerable groups to get a second COVID-19 booster shot as soon as possible and not wait for the updated coronavirus vaccines expected in autumn. In comments to
The seasonally-adjusted unemployment rate in Cyprus was lower than the European average at 5.1% in June, compared to 6.6% in the euro area and 6.0% in the EU, according to Eurostat. But
Cyprus’ traffic camera network moves out of its pilot phase after being bogged down by an excess backlog of fines and complaints, with another 20 stationary and 16 mobile cameras to be
Team Cyprus is celebrating its first gold taking its medal tally to four at the Commonwealth Games in Birmingham. It is also the first gold Cyprus has ever won at the Games
Political uncertainty has increased in Bulgaria after the collapse of the four-party coalition government under the leader of centre-right ‘We Continue the Change’ (PP) party, Prime Minister Kiril Petkov. Bulgaria is now
Despite the loss of the big-spending Russians due to the war in Ukraine, Cyprus’ increased tourist flows have pushed up revenues in the first five months, close to income recorded in the
Standard and Poor’s has confirmed the country’s largest lender Bank of Cyprus’ long-term and short-term credit rating of “B+/B”, maintaining an outlook positive, hinting at a possible upgrade in the near future.
