Fitch Ratings affirming Cyprus’ Long-Term Foreign-Currency Issuer Default Rating (IDR) at `BBB-` with a Stable Outlook has been welcomed as a vote of confidence by the government. Fitch said Cyprus’ rating balances
Data presented by Stock Apps indicates that the five best performing semiconductor stocks have an ROI of 27.2%. The ROI is on a Year-to-Date basis. According to the data, Lattice Semiconductor Corporation
Cyprus rescheduled the deadline for tenders for four licenses to establish and operate 5G networks for the second time in a month as providers want the state to offer credit facilities. The
Cyprus tourism revenue in July plummeted 89.9% to €42.5 mln from €422 mln in the same month last year due to travel restrictions to stem the pandemic. The outlook was no better
Average gross monthly earnings of Cyprus employees during the second quarter of 2020 increased by 1.7% to €1,925 from €1,893 during the same period last year, according to provisional figures. However, seasonally
Weaker confidence in services and construction saw the Economic Sentiment Indicator (ESI-CypERC) decrease further by one point in September compared to August. According to the Economics Research Centre of the University of
Coronavirus has taken its toll on Cypriot betting habits as gaming companies saw their earnings slashed by half in the second quarter compared to the same period last year. While sports betting
Hellenic Bank reported a lower first half net profit of EUR 17.7 mln, impacted by the coronavirus pandemic, down from EUR 58.3 mln in the same period last year. The second biggest
An Audit Office probe into the citizenship for investment scheme said the process lacked due diligence while it should cease offering family members of wealthy investors a Cyprus passport. It said handing
The 2020/2021 Premier League is already underway in what is shaping up to be an exciting season as the league tries to fit in a full season despite a delay due to
