Cyprus joined the sustainable bond markets issuing its inaugural ten-year eco bond for €1 bln with a coupon of 4.125% and a reoffer yield of 4.219%, the Finance Ministry’s Public Debt Management
The government plans to extend a subsidy on electricity bills introduced by the previous administration but will discontinue a freeze on consumer fuel tax. According to Phileleftheros daily, quoting government sources, President
Income from tourism reached €45.6 mln in January, easily surpassing the revenue from tourists last year and 2019, which set a record for Cyprus. Based on the results of the Passenger Survey
Spain will spearhead a new European Union initiative to break the six-year deadlock in Cyprus peace talks, Spanish Prime Minister Pedro Sanchez said Tuesday. Sanchez made the commitment after talks with Cypriot
The Turkish-occupied north was left in the dark on Monday after suffering a general blackout, with Turkish Cypriot authorities screaming foul play, blaming workers at the electricity authority. As reported by news
Cyprus police are searching for three Russian-speaking suspects who made off with €180,000 5k diamond from a swanky jewellery shop in Limassol’s tourist area of Yermasoyia. Talking to state radio CyBC, Limassol
During Q4 2022, guests spent around 97 million nights in short-term rental accommodation in the EU, booked via Airbnb, Booking.com, Expedia Group or TripAdvisor, according to Eurostat. This is up +25% compared
The Finance Ministry seeks a compromise with the House on the thorny issue of reduced VAT for first homes by increasing the property’s value rather than tampering with size criteria. Authorities have
UN data indicates 47 suspected hazardous areas in Cyprus may be contaminated with mines and/or ERW (explosive remnants of war), covering approximately 1.7 million square metres. According to the United Nations Peacekeeping
French marines have conducted a military exercise on the island codenamed ARIADNI-23 with units of the Cypriot National Guard, according to the embassy of France. “These activities continue to illustrate the high level
