RCB has successfully completed the sale of Tranche B of its performing loan portfolio worth €356 mln to Hellenic Bank as it ceases banking operations. Tranche B regards Cypriot and other European
Despite being battered by two years of the pandemic, Cypriot football has emerged fairly unscathed from the coronavirus crisis and back to making serious cash, according to the Cyprus Football Association. CFA
Unsettling news for Cypriots consumers as the Cyprus Fiscal Council’s spring report claims the cost of living will continue to rise throughout the year, with fuel prices also staying high. According to
Cyprus is losing more ground to major economies, dropping seven places to 40 among 64 countries on the 2022 IMD World Competitiveness Ranking index. The island dropped three spots on last year’s
An increase in job vacancies was recorded in the first quarter of 2022, while more people were employed in the public sector in May. According to the Cyprus Statistical Service of Cyprus,
The economy is still counting its wounds from the war in Ukraine and EU sanctions imposed on Russia, leaving auditors, accountants and real estate agents assessing the extent of the damage. Tougher
Recently the European Commission published the progress indicators concerning the implementation of the 17 Sustainable Development Goals of the United Nations as identified and defined in the Agenda 2030. In seeking Sustainable
In May, the total registrations of motor vehicles rose 28.2% annually, although, for the first five months of the year, the trend was downward. According to the Statistical Service on Wednesday, registrations
Bank of Cyprus is downsizing its network by closing 15 more branches and removing ATMs by next month as it speeds up its digital presence. Phileleftheros daily quoted sources saying the bank
Agriculture Minister Costas Kadis appeared confident that a standoff between authorities and dairy producers over what makes a Halloumi will soon end after the two sides met President Nicos Anastasiades. Afterwards, Kadis
