Massive state intervention prevented a rise in non-performing loans (NPLs) during the Covid-19 pandemic in central, south-eastern Europe (CESEE), but the quality of bank assets after the phasing out of measures “remains uncertain”, according
The sooner the EU becomes fully involved in resuming moribund Cyprus talks, the better, European Commission foreign policy chief Josep Borrell advocates. In a letter of reply to Committee Chair on Foreign
Bilateral relations, the Cyprus issue, regional developments will be discussed during a working visit of Cypriot Foreign Minister Nikos Christodoulides in Estonia on Monday. The two EU partners will also prepare for
Despite a last-minute pitch from Tourism Minister Savvas Perdios to convince the British government that Cyprus deserved to be on its green travel list, the holiday island is stuck on amber. Upon
A US-funded training facility, the Cyprus Centre for Land, Open-seas, and Port Security (CYCLOPS), will enhance safer borders in the region when operational in mid-January 2022, officials said Thursday. During a site
By Lukman Otunuga, Senior Research Analyst at FXTM A strong sense of anticipation has gripped financial markets this week. European stocks have traded within a tight range, while US futures were ticking
Any change of government in Israel will not affect the good relations with Nicosia because both countries have common objectives, said Cyprus Foreign Minister Nikos Christodoulides. Asked if a new Prime Minister
Cyprus is not yet ready to enter the Schengen Area, said Home Affairs Commissioner Ylva Johansson during the presentation of the package for strengthening the EU’s free movement zone. Cyprus is among
Washington has pledged its support for a reunited federal Cyprus, putting it in clear opposition to Turkey’s insistence on a two-state solution. US Secretary of State Antony Blinken and Cyprus Foreign Minister
Cyprus unemployment increased to 9.4% or 43,000 individuals in April (9% among men and 10% for women), from 8% (36,000) in March. A year earlier, the rate was 7.5% or (34,000 jobless).
