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
Cyprus reported no coronavirus deaths on Thursday, the fourth time this month, as new cases rose again to 5,186, the third highest daily count ever, keeping the infection rate at a near
The cost of building materials in Cyprus continues to skyrocket, making it harder for the real estate and construction sectors to recover after the scrapping of the ‘golden passports’ scheme, having suffered
By Craig Erlam It’s been a relatively slow start to trading in equity markets as we approach the end of the week, with stocks losing the momentum that’s driven the strong recovery
Rising prices of raw materials in Cyprus are largely to blame for a growing trade deficit, wider by almost €349 mln in 2021 from 2020, reaching €5.24 bln. Despite a greater rate
The island’s battered tourism industry is trying to recover from the coronavirus, as well as the impact from the war in Ukraine and sanctions on Russia, as it gets off to a
RCB Bank has embarked on an “orderly winding down” of its Cyprus banking operations, following the announcement a month ago of the transfer of shares held by Russian entities to local stakeholders,
Cyprus reported four coronavirus deaths on Wednesday, as new cases inched up to 4,704 after spiralling to a near-record 5,286 on Monday, pushing the infection rate to a new high of 5.6%,
By Craig Erlam European stocks posted losses of 1% on Wednesday, paring some of the gains we’ve seen over the last couple of weeks. We’ve clearly seen an improvement in sentiment recently
