Increased interest revenue from monetary policy normalisation should not overshadow Cypriot banks’ structural vulnerabilities, argued Cyprus Central Bank governor Constantinos Herodotou. Speaking to MPs, Herodotou said Cypriot banks are expected to significantly
Larnaca-based Cyprus Airways has unveiled an updated livery for its two new Airbus A320 aircraft as part of its re-positioning and new business plan launched this year. The two additional new Airbus
The Cyprus Securities and Exchange Commission (CySEC) has granted cryptocurrency exchange Binance Class 3 registration as a crypto asset services provider. Following in the footsteps of rival crypto exchange FTX, which set
As a result of the economic disruptions caused by the pandemic, international trade declined significantly during 2020, with some sectors, such as energy, oil, and gas, more severely affected than others. Although
Local businesses launched the Cyprus Tech Ecosystem Map, a platform that links the tech and innovation sectors to attract talent and investments. Deputy Minister for Research, Innovation, and Digital Policy Kyriacos Kokkinos
Social Entrepreneurship (SE) and the whole ecosystem of the Social Economy are gaining increased momentum as they contribute to the economic development of many European Union states. At the same time, SE
Businesses must improve if they want to exploit the government’s ‘Cyprus Made’ campaign to rebrand the island as a manufacturer of quality goods, said the Chamber of Commerce and Industry. Earlier this
Cyprus Telecommunication Authority (Cyta) can boast it offers the fastest mobile internet in Europe, as Ookla awarded its Cytamobile-Vodafone network for a second year. “The fastest mobile internet network in Europe” award
Trade through the Green Line could hit an all-time high this year, breaking 2008’s record when close to €8 mln worth of products crossed the divide, but it’s way below potential. The
Cypriots do not trust bank employees for advice on their finances compared to other EU citizens, but they believe in advertising material more, according to a Eurobarometer. The Eurobarometer examined the relationship
