COVID19: Cyprus cabinet goes into lockdown

The government went into lockdown Thursday with a cabinet meeting cancelled after Agriculture Minister Costas Kadis contracted COVID-19 with two other ministers self-isolating. Kadis is also self-isolating, continuing to work from home.

Market rally pauses, as hope clashes with fear

By Hussein Sayed, Chief Market Strategist at FXTM Stock markets are forward-looking by nature. Investors evaluate a company’s price today based on reasonable expectations about its future earnings and cashflows. That’s where

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Toxic loans, private debt an obstacle to growth

Cyprus is still experiencing excessive macroeconomic imbalances, involving a very high share of non-performing loans burdening banks and high private, government, and external debt, the European Commission said Wednesday. This view is