Fitch Ratings said the credit profiles of Greek and Cypriot banks have significantly improved over the past year due to de-risking and restructuring. The rating agency has taken positive rating actions on
EU companies face obstacles in hiring information and communication technology (ICT) experts, but Cypriot firms were better off in job recruitment. According to data released by Eurostat, Cyprus is one of the
Most Cypriot companies feel corruption on the island is widespread, threatening their business, according to the latest Eurobarometer issued by the European Commission. The vast majority (95%) of businesses believe corruption is
The ANIMA network of European business promotion agencies, and InvestCyprus, are hosting the ‘Innovations for the Planet’ forum in Nicosia and launching Euromed iHouse, an innovation hub to support the ecological transition
Cyprus has kept its place among the EU’s strong innovators for a second year running, according to the annual EU innovation scoreboard, marking a significantly faster performance than the EU average. Α statement
Attracting productive direct investments is of paramount importance, said President Nikos Christodoulides in his address at the 11th Invest Cyprus international awards. President Christodoulides said investors “play a significant role in driving economic
The Central Bank of Cyprus said it would accept requests for reduced legal costs in lawsuits filed by bondholders of the Bank of Cyprus or Laiki Bank, who saw their savings wiped out
Bank of Cyprus shareholders may have been delighted the former financial powerhouse has returned to a dividend-paying policy after a tumultuous decade of lost deposits, haircuts and share write-downs. But when opening
Bank of Cyprus has a reward plan to compensate borrowers consistent with their mortgage instalments even though affected by rising interest rates by the European Central Bank. Phileleftheros daily said BoC would
Applications for the 2023 Academy for Women Entrepreneurs (AWE) programme are now being accepted by CyprusInno, a social venture connecting Cypriots. Applications are open until the 30 July, and for more information,
