Business - Page 3

Insurance investment funds are flourishing

While deposit rates are hitting rock bottom, with some banks even applying negative interest rates on large deposits, Cyprus Insurance Investment Funds may offer investors a way out. According to the latest

Cyprus banks urged to ramp up efforts to reduce NPLs

Cyprus Central Bank Governor Constantinos Herodotou called on Cypriot banks to bolster their efforts to further reduce non-performing loans (NPLs) while the current economic environment remains favourable. Addressing a conference on “Indebtedness

Cypriots earning less than 10 years ago

Cypriots are worse off than they were 10 years ago with Cyprus among only six countries whose workforce was paid less in 2019, on average, than in 2010, according to a European