NPLs stay at 18% of total bank loans

The Central Bank of Cyprus published data showing the evolution of aggregate non-performing loans for all credit institutions, with NPLs standing at €5.134 bln in May from €5.141 mln the month before.

Accepting credit cards compulsory from September

From 20 September, all businesses offering services are legally obligated to accept credit card payments, but smaller retailers are asking the authorities for some ‘slack’ due to increased operating costs. From kiosks

The ethics of sustainable investing

By Nicole K. Phinopoulou This article concisely develops another defining pillar of being the more significant component of how effectively Sustainable Development is to be achieved. More specifically, Sustainable Investing or, in

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Foody Cyprus parent debuts in Germany

Foody Cyprus parent Delivery Hero is entering the German market with food delivery and quick commerce operations in four Berlin districts, followed by launches in Frankfurt, Hamburg, and Munich in the autumn.

Car sales remain fragile

The total registrations of motor vehicles increased by 1.5% to 22,074 from January to July, up from 21,752 in the same period last year, the Cyprus Statistical Service said. Passenger saloon car

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