This article doesn’t concern itself with the etymology of cost, price, value and worth; it focuses on the mess these terms are causing to the banking system. In everyday language, cost, price,
By Michael Olympios Almost a decade ago, the apocalypse in the banking sector sent the Cypriot economy’s downgrading by rating agencies to junk, leaving many businesses overleveraged and undercapitalised. Banks’ enormous liquidity
Living through a pandemic the world has not experienced for over 100 years is a test of character and resolve to endure while coming out the other end in one piece. In
By Esme Palas To further attract foreign investment to the island and help economic recovery, Cyprus announced amendments to Regulation 6 (2) of the Aliens and Immigration Regulations, which came into effect
There is great confusion regarding the size of apartments and how this is measured in Cyprus. Each group or developer use their own methodology of calculation, so the unsuspecting buyer does not
An impression is given from arguments in favour of moving the University of Cyprus school of architecture to Phaneromeni high school, once the famous Girls’ Lyceum, is that central Nicosia has become
It shouldn’t come as a shock to anyone that the President’s approval ratings have slid down the popularity ladder faster than a snake sheds its skin. Asking Cypriots what they think about
To celebrate the Day of the Tree, the government provided small trees to the public free of charge to encourage tree planting. The public responded, and out of the 300,000 saplings on
When news first broke 11 years ago about potential natural gas reservoirs lying offshore Cyprus, everybody jumped for joy, as if we had struck ‘black gold’, the energy commodity was ready to
By Michael Olympios A new regulation on sustainable finance has come into effect this month, and national regulators in the common market are scrambling to enforce it. The Cyprus Securities and Exchange
