Businesses increased during pandemic

The number of businesses in Cyprus rose for a fourth consecutive year in 2020, albeit the annual rise was contained to 2% due to the Coronavirus pandemic. According to the enterprise registry

Cyprus investment fund assets rise 48.7%

Τhe Investment Funds sector in Cyprus was significantly strengthened in 2021, with managed assets increasing 48.7%, even though the consequences of the pandemic and uncertainty continued. According to the Cyprus Investment Funds

The Dark Side of Olivewood

We recently read an article published on November 7 in the Financial Mirror (Olivewood trying to reinvent itself) about the Cyprus filming plan, although interesting, was far from the truth. You can

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Hourly labour costs rise 7.3%

Cyprus hourly labour costs rose by 7.3% year on year in the third quarter of 2021, following an annual rise of 17.1% in the previous quarter. According to the Cyprus Statistical Service,

Moody’s upgrades ‘improved’ Bank of Cyprus

Moody’s has upgraded Bank of Cyprus key ratings citing “significant improvement” in asset quality following an agreement on non-performing loans that would reduce the bank’s NPL ratio to single digits. It upgraded

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