Road deaths up 50% from 2021

Following the death of another young biker on Sunday, Cyprus has mourned 25 road accident victims in just over six months, with authorities puzzled why measures have not paid off. A traffic


New bank loans up 22% in 2021

Total new bank loans in Cyprus increased by 22.2% in 2021 compared to the previous year, coming close to the levels of pre-coronavirus 2019, with deposits also taking off. According to the

2021 – A year of disbelieving

Knee-deep in Omicron paranoia, it isn’t easy to see through the coronavirus fog that has shrouded 2021 to give the year some perspective. Looking back, it is hard not to dismiss the


Stronger rebound for Cyprus in 2021

Cyprus will boast a stronger than expected recovery of 5.5% GDP growth this year following the coronavirus pandemic, according to European Commission forecasts. The Finance Ministry noted the strong recovery recorded in


Cyprus GDP growth projected at 3.3% for 2021

According to the University of Cyprus Economics Research Centre, the island’s GDP growth is projected at a slower 3.3% for 2021, accelerating to 3.6% next year. April’s growth forecast for 2021 was