Cyprus has EU’s highest stock of NPLs

Cyprus has the EU’s highest stock of non-performing loans (assets) of the general government, according to Eurostat data. The share of non-performing loans over the country’s GDP stood at 28.3% in 2020,

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Moscow “no plans” to invade Ukraine

Moscow has no intention to invade Ukraine, claiming troops are on Russian territory and “pose no threat,” said Russia ambassador Stanislav Osadchiy. In an interview with CNA, Osadchiy accuses western media of

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COVID19: January ends as deadliest month

Cyprus reported two coronavirus deaths on Monday, with new daily cases breaking past the 3,000 barrier and rising to 3,396, while hospitalisations decreased to 204 with critical cases also dropping, to 65.

Cyprus deal with Swiss Stock Exchange

Cyprus will get another source of liquidity from its Euro Medium-Term Notes (EMTN) being dual-listed on the Swiss Exchange, SIX and the Nicosia bourse. On Monday, the Ministry of Finance, the Cyprus