Cyprus is rated as the 25th most dangerous place on the planet to drive a car, according to the World Health Organisation. According to a recent report on road traffic injuries compiled
The prospect of tighter US monetary policy increases the vulnerability of highly-dollarised emerging market banks to a spike in credit losses and pressures on their profitability, according to Moody’s. The rating agency
Last year’s sharp rise in natural gas prices across Europe, which inevitably hit electricity prices, left a sour inheritance to Greek households and businesses. As summer gave way to autumn, electricity prices
A Cyprus court Friday launched official extradition proceedings of a Chinese mother and son linked to US-lobby groups despite defence objections over lack of documentation. The extradition hearing at Paphos district court
Interior Minister Nicos Nouris has asked for EU sanctions against Turkish airlines that systematically carry irregular migrants to Turkish-occupied Cyprus, crossing the divide into the republic. Nouris supported the need for active
In a fast-changing, global economic environment, non-fungible tokens (NFTs), backed by blockchain technology, emerged to disrupt how our world creates, perceives, and transfers value. Features such as transparency, improved liquidity of assets,
Investors seem to be topping up their portfolios with stocks as inflation expectations cool for the rest of 2022, and central banks, such as the Bank of England, the U.S. Federal Reserve,
A visit of Saudi Arabia’s Armed Forces chief to Cyprus opens a “new window of cooperation” between the two countries, Defence Minister Charalambos Petrides said. President Nicos Anastasiades received on Wednesday the
Blockchain is set to shake up the worldwide payments system for the better, amid growing adoption of cryptocurrencies like Bitcoin, and a flurry of financial innovation as central banks push to develop
Compared to the year before, Cyprus saw a reduction in its annual unemployment rate, dropping to 6.4% in 2021, falling below the eurozone average of 7%. The country’s unemployment rate remained unchanged
