September is critical for the tourist industry as Cyprus Tourism Minister Savvas Perdios expects to confirm an increase in flights to the holiday island for 2020 and results to attract more Germans
The state funded Estia scheme to help borrowers with toxic mortgages will launch in September to help reduce Cyprus’ bad debt mountain. Estia is a special government scheme drawn up by the
By Hussein Sayed, Chief Market Strategist at FXTM US equity markets enjoyed another day of rally on Wednesday, although FOMC minutes indicated divergence in views within the central bank members. The S&P
Cyprus is ahead of all other EU countries when it comes to the use of petrol over diesel fuel, according to the “FuelsEurope 2019” report issued by the professional association of refineries.
By Han Tan, Market Analyst at FXTM Asian stocks were mixed Wednesday, with markets reluctant to get ahead of themselves hoping for a near-term resolution to the US-China conflict. The intensifying concerns
Nicosia Mall, the island’s newest and biggest retail operator, is soon to be sold to a Cypriot consortium as the main shareholder Bank of Cyprus has come to an initial understanding
Cyprus achieved the EU average in 2017 with 50% of internet users saying that they booked their holiday accommodation or travel arrangements online. This share was highest among internet users in Luxembourg
Cyprus is to make an early repayment in full of a €2.5 bln Russian loan secured during the financial crisis which has a remaining balance of €1.5 bln that expires in 2021.
By Lukman Otunuga, Senior Research Analyst at FXTM A sense of positivity is sweeping across financial markets on Tuesday amid signs of progress in trade negotiations and hopes of stimulus in major
A small 1.1% increase was recorded in the number of Cyprus residents returning from a trip abroad in July compared to last year with Greece the most popular destination. According to the
