Cyprus raises €1.75 bln to pay off debts

Cyprus has paid off early an International Monetary Fund loan that was part of a €10 bln rescue package in 2013 from lenders to save the island’s banking system, with analysts praising

Cyprus prepares double bond issue

Cyprus has mandated investment banks to manage a double bond issue comprising a 10-year and 20-year euro-denominated bonds, the Ministry of Finance announced. “The Republic of Cyprus, rated BBB- (stable) by Standard

Olivewood film bonanza at risk

Cyprus’ reputation as a film location is at stake after Hollywood producers said they may rethink plans for shooting another six films on the island due to difficulties faced with the government’s

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Hungry customers ordering online

Online food deliveries are rapidly growing with €40mln worth of orders placed online last year as the market has been boosted by aggregator platforms which have also seen their business grow. Online

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Mixed trends in interest rates

Rates on deposits and loans followed mixed trends in November in the Cypriot banking system, data released by the Cyprus Central Bank show. The interest rate on deposits from households with an

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