Cyprus saw the biggest rise in Europe in residents who have a positive image of the EU, an attitude shift since the dark days of the financial crisis. Since the last Standard Eurobarometer survey in autumn 2018, the proportion of respondents who have a positive image of the EU (45%) has increased in 23 EU
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Scores of residents from villages in Limassol’s wine-growing region took to the streets on Monday to protest Hellenic Bank’s decision to shut down a branch in the village of Pachna, the last remaining in the area. A string of villages in the west of Limassol have been left without a single bank to serve them.
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The number of registered Cyprus unemployed has reached its lowest point since 2011 following an annual 17% drop in July, according to official data released Monday. Based on the seasonally adjusted data that show the trend of unemployment, the number of registered unemployed for July decreased to 22,106 from 22,413 in the previous month. Registered
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Nicosia Mall, the island’s newest and biggest retail operator, has seen some 3.7 mln visitors go through its doors in the first eight months of operation, with 2019 data suggesting an average rate of 407,000 visitors a month. A market survey conducted in the first two quarters of the year also found that visitors preferred
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A strong 16% increase was recorded in credit card transactions in July, reflecting consumer confidence while tax and other online payments to the state played a significant part in the upswing. According to new JCC data, the value of Cyprus credit card transactions in the domestic market increased by 16% in July to €415 mln
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Cyprus banks are reportedly still concerned over new delays in foreclosure procedures despite the new changes voted in that were supposed to eradicate government concerns. On Friday, legislators passed a compromise proposal after the government vetoed previous amendments, but bankers say the law still leaves the door open for borrowers to take lengthy legal action
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By Hussein Sayed, Chief Market Strategist at FXTM Investors in Asia woke up to a sea of red in equity and currency markets on Monday. Japan and South Korea’s stock indices fell more than 2%, while Hong Kong’s equities faced an even steeper fall of more than 3% with political tensions continuing to escalate further.
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British Sovereign Base Area Police in Cyprus have confirmed the promotion of Chief Inspector Maria Atalioti which has seen her become the first female officer to achieve the rank. Cypriot Atalioti, who joined the force in 1998, only seven years after the very first intake of female officers into the force, has progressed through the
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Cypriot Interior Minister Constantinos Petrides will send a request to Brussels asking for a significant number of individuals granted protection in Cyprus be relocated to other EU countries. He said there was an uncontrollable inflow of migrants from the Turkish-held occupied north of Cyprus to the government-controlled areas. “We are a country in the European
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. Is it possible to change the Cyprus constitution so that our MPs can be sued and seek damages from our representatives personally for wrong decisions which affect all of us? No, it is not since any change in the constitution must be voted by the same people whom we propose to be responsible
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