Cyprus has the EU’s highest stock of non-performing loans (assets) of the general government, according to Eurostat data. The share of non-performing loans over the country’s GDP stood at 28.3% in 2020,
Labour productivity in Cyprus is below the EU average, ranked at the bottom end with Portugal and Greece, said the Economic and Competitiveness Council. Releasing its second competitiveness report, the Council notes
Cyprus’ Supreme Court on Monday overturned the conviction of a young British woman found guilty of lying about being gang-raped by Israeli tourists. Defence lawyers said the court agreed they had successfully
Three European entities have submitted expressions of interest in the improved tender to operate the Cyprus-Greece passenger ferry, 22 years after it was abandoned. Officials at the Shipping Deputy Ministry (SDM) said
Almost the entire EU map issued by the European Centre for Disease Prevention and Control (ECDC) on the spread of COVID-19 is in the deep red category, as cases continue to rise
EuroAsia Interconnector, the Israel-Cyprus-Greece electricity cable that gets underway this year, has secured nearly two thirds of the European Commission’s €1.037 bln funding for key energy infrastructure projects that will drive the EU’s
Activist Ilias Gkionis, claiming to have evidence implicating Cyprus in an alleged human trafficking ring active in Greece, has sent a 47-page document to police. A police official confirmed to the Financial
A military exercise of naval cooperation (PASSEX) took place off the coast of Larnaca with a frigate of the French Navy, the Cyprus Defence Ministry confirmed. A statement by the Defence Ministry
UK imports to the island halved within the first year of Brexit, as Cypriot importers turned to EU markets as British products are wrapped in tariffs and red tape. Stakeholders argue that,
Cyprus struggles to cope with high numbers of asylum seekers, as in the first 18 days of January, over 700 migrants have filed applications for international protection. According to data cited by
