Total new bank loans in Cyprus increased by 22.2% in 2021 compared to the previous year, coming close to the levels of pre-coronavirus 2019, with deposits also taking off. According to the
Investors seem to be topping up their portfolios with stocks as inflation expectations cool for the rest of 2022, and central banks, such as the Bank of England, the U.S. Federal Reserve,
Cyprus reported no coronavirus deaths for the first time in a week on Thursday, with new daily cases down by a handful to 3,078, hospitalisations dropped to 222 and critical cases were
Local thunderstorms, lightning and hailstones caused power cuts in Limassol and Paphos villages as an alert said bad weather would continue until Friday. Troodos, Paphos and Nicosia saw hail, while the rest
Owners of hospitality and nightclub venues are disappointed at the government’s hesitance to ease COVID-19 measures like a ban on dancing and rules on unvaccinated teenagers. From Friday, unvaccinated teenagers aged 12
COVID-19 battered Cyprus tourism began its recovery in 2021, but arrivals of holidaymakers to the Mediterranean island were still 50% below the pre-pandemic record of four million, official data showed Thursday. Last
Two eye surgeons face criminal prosecution over botched cataract operations performed on eight patients; one died, the others suffering serious post-surgery complications resulting in loss of sight. According to police sources, the
A visit of Saudi Arabia’s Armed Forces chief to Cyprus opens a “new window of cooperation” between the two countries, Defence Minister Charalambos Petrides said. President Nicos Anastasiades received on Wednesday the
A 5.1 magnitude earthquake shook Cyprus Wednesday night, the third quake to be recorded on the island in less than a month; officials said there were no casualties. Civil Defence said no
Deputy Ministers for Tourism and Shipping have welcomed assurances of Royal Caribbean’s interest to invest in Cyprus, expressing their readiness to enhance cooperation with the cruise liner. The world’s biggest ship, the
