Cyprus to charge Russians for tourist visas

Cypriot authorities have announced that Cyprus will no longer apply facilitated rules for Russian citizens applying for tourist visas. Foreign Ministry sources told news site Philenews that starting from December 1, the

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Cyprus electricity prices climb 32%

Annual average household electricity prices in the European Union increased sharply in the first six months from €22 per 100 kWh to €25.3 but were higher in Cyprus. The same Eurostat data

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Market mood improves ahead of Fed decision

By Lukman Otunuga, Senior Research Analyst at FXTM The next few days promise to be eventful and potentially volatile for financial markets thanks to key economic reports from major economies, corporate earnings,

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Euro Parliament begins Cyprus spyware probe

A delegation from the European Parliament’s inquiry committee to investigate the use of Pegasus software (PEGA) and equivalent surveillance spyware launched a joint mission in Cyprus and Greece. The fact-finding mission seeks to establish a

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Huge uncertainty in week ahead

By Craig Erlam Uncertainty sums up the feeling in the markets at the moment and that is highlighted by the moves seen on the opening day of the week. Equity markets in

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Cyprus has largest tax-to-GDP rise

Cyprus had the largest rise in the EU in its tax-to-GDP ratio, meaning the sum of taxes and net social contributions as a percentage of gross domestic product, according to Eurostat data.

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40 new challenger banks in past year

The appetite for challenger banks remains high as consumers increasingly embrace digital solutions to benefit from elements such as convenience in banking. Consequently, more challenger bank operators are joining the market while

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