CYPRUS: Tourism revenue down 3.1% in May

Tourism revenue fell by 3.1% in May according to statistical service Cystat, despite arrivals having increased by 4.9%. On the basis of the results of the monthly Passenger Survey, revenue from tourism

CYPRUS: €100 mln T-bills yields 2.08%

The Finance Ministry’s Public Debt Management Office issued 13-week treasury bills for the amount of EUR 100 mln, which was oversubscribed almost 1.5 times. During Monday’s auction, tenders for a total amount