Non performing loans by commercial banks and the co – operative sector inside and outside Cyprus stood at 25.24 billion euro by September 30th 2013, according to figures published by the Central
Unemployment in Cyprus reached a new record high in January 2014, with 52,783 unemployed people registered, compared to 50,467 in December 2013. According to the Statistical Service of the Republic of Cyprus,
What Cyprus financial sector needs to resolvc the problems is facing is an investment, Chairman of Cyprus National Economy Council, Nobel prize winner Christoforos Pissarides, has said. Pissarides, who was speaking to
Housing loan rates in Cyprus continued on a downward trend in December 2013, reaching their lowest level since June 2010. Consumer loan rates also fell reaching their lowest level in the last five
Cyprus Energy, Commerce, Industry and Tourism Minister Giorgos Lakkotrypis said that the interim solution for the arrival of natural gas for energy production is expected to be clarified by March, when the
Cyprus recorded a small drop in registered unemployment measured on a seasonally adjusted basis in January, with unemployment falling to 48,939 persons from 49,643 in December. On a non-seasonally adjusted basis registered
The MBA Program of the University of Cyprus, in line with its social contribution and commitment in creating visionary and influential leaders in the local, regional and international business community, has announced
In an effort to enhance coordination with the network of commercial attaches serving in the Republic’s diplomatic missions abroad, the Cyprus Investment Promotion Agency (CIPA) organized online seminars (webinars) in cooperation with
Cyprus political parties have begun preparations ahead of May’s European Parliament elections, with the ruling Democratic Rally party and the Socialist party announcing cooperation with other parties. The Political Bureau of the
The European Commission announced that it has opened an in-depth investigation to verify whether Cyprus` plans to support the restructuring of Cyprus Airways with €102 million are in line with EU state
