By Hussein Sayed, Chief Market Strategist at Exinity Investing in 2022 has proved to be challenging for many investors. Inflation has been skyrocketing in almost all developed and emerging economies, and central
Cyprus reported no coronavirus deaths on Sunday, the fifth time this month, as new cases remained above the 4,000 marker, keeping the infection rate at a high 5.22%, while hospitalisations increased for
Moscow’s invasion of Ukraine has rightly drawn criticism across the world and caused multiple sanctions against Russia, with a threefold increase in interest to transfer money to secure payments either at home
President Nicos Anastasiades and his energy minister are pushing to raise awareness and support in the urgency for energy security as part of the EU’s desire to diversify supplies, especially within the
Cyprus reported two coronavirus deaths on Saturday, an increase in daily cases to 5,172, a spike in the number of hospitalisations and a mild drop in the already-high infection rate to 6.27%.
The drastic changes in the Cyprus banking sector hinge on four key events during the past nine years, which should have taught the authorities and consumers alike a lesson or two. After
Cyprus reported three coronavirus deaths on Friday, fewer daily cases at 3,329, a steady number of hospitalisations and a significant drop in the testing programme, propelling the infection rate to an unprecedented
Eurobank Cyprus recorded yet another year of growth with its 2021 profits rising to €52.3 mln, up €12.2 mln from the year before, reducing its non-performing loans further and mostly unaffected by
By Craig Erlam European stock markets are making modest gains at the end of the week, but broadly remain in consolidation, as has been the case throughout. We appear to have reached
In the last quarter of 2021, the average hourly labour cost in Cyprus was estimated to have edged up by 1.6%, compared with the same quarter of the previous year, according to
