Bank of Cyprus announced after-tax profits of €4 mln in the third quarter, somewhat easing the pain of €122 mln in losses during the nine months, while its chief executive warned of
Cyprus is entering winter mode, following a long, hot dry summer with the highest mountainous areas soon seeing the first snow of the season. The Cyprus Met Office said the island is
Through its actions, Turkey is turning into a destabilizing factor for the region and undermines NATO cohesion at a crucial time, Greek Foreign Minister Nikos Dendias told NATO Secretary-General Jens Stoltenberg. The
By Han Tan, Market Analyst at FXTM Asian stocks are mostly higher on Friday, while US equity futures are also pointing north, as risk appetite tries to overcome concerns over the efficacy
The European Bank for Reconstruction and Development (EBRD) will end its engagement in Cyprus at the end of 2020 after completing a six-year mandate in which it invested about €600 mln. The
President Nicos Anastasiades is meeting the scientific advisory committee Friday followed by a Cabinet session to endorse fresh measures to stem a resurgence of the coronavirus. Health Minister Constantinos Ioannou is expected
Emergency support launched by the government amid the coronavirus pandemic saved thousands of jobs and businesses, Labour Minister Zeta Emilianidou said. “Our strategic goal at this stage is to tackle the consequences
Cyprus announced one more death on Thursday, a man aged 84 with underlying issues, raising the death toll since the pandemic started to 48, as the government prepares to announce new measures
Unemployment in the third quarter reached 8.2% compared to 6.7% in the same quarter of 2019, official data showed Thursday. “The labour force in Q3 2020 amounted to 452,154 or 62.9% of
By Hussein Sayed, Chief Market Strategist at FXTM Equity markets have had a remarkable rally in November with three promising coronavirus vaccines due to see the light. US equities reached new highs
