More ICT capital needed for growth

Although Cyprus, research and development investment has risen during the last decade, data shows that the R&D expenditure as a percentage of GDP is the lowest in the EU. Moreover, the disinvestment

COVID had lighter impact on bank capital Q2

The pandemic had a less severe impact on the Cyprus banking system’s capital adequacy in the second quarter of 2020, as banks front-loaded provisions from the beginning of the outbreak. According to