Moody’s Investors Service affirmed all ratings and assessments of Bank of Cyprus and Hellenic Bank, including their long-term deposit ratings of B3. The outlook on both banks’ long-term deposit ratings remains positive.
Hundreds of Turkish Cypriots took to the streets to demonstrate against Turkey’s interference in the north, days before President Recep Tayyip Erdogan is to visit Varosha for a ‘picnic’. Tuesday night revived
Later on Wednesday, the cabinet is expected to announce local lockdowns for Limassol and Paphos where the spike in COVID-19 cases is highest rather than going for a total shutdown as in
The top ten royal families in the world control a fortune of $2.45 trln, according to their as calculated by BuyShares based on their wealth in Q3 2020. Saudi Arabia’s House of
Cyprus reported 198 new cases of SARS-CoV-2 on Tuesday, the fifth highest rate in the last month and since the pandemic started, with the number of infections to date totalling 6,296. The
Commonwealth member states expressed “deep concern” over the illegal opening of the beach-front in Varosha last month, the fenced-off part of Turkish occupied Famagusta. Cyprus Foreign Affairs Minister Nikos Christodoulides briefed his
As Cyprus braces itself for stricter measures, health authorities announced the deaths of another three hospital patients who were being treated with COVID-19. All three, two women and a man were being
Google’s former CEO Eric Schmidt is on his way to getting a Cyprus passport after being approved by the government through the now-defunct Citizenship by Investment Scheme. According to American media outlet
Confusion reigns among the public on mandatory wearing of face masks outdoors such as when walking the dog while ‘clarification’ offered by officials only make matters worse. People are unsure whether if
Stock markets are “overthinking the positive vaccine news,” with stock markets soaring after drug firms Pfizer and BioNTech announced that their Covid-19 vaccine was 90% effective in tests, a leading financial advisor
