Cash is no longer king

Cash is losing its dominance in Cyprus, mirroring a wider trend in the European Union, where the majority of consumers now prefer using digital payment methods, according to the Central Bank of


Learning to swim in cash

The latest liquidity statistics released by the Single Supervisory Mechanism revealed that Cypriot banks are swimming in cash. They have more cash than they know what to do with, according to the


Cyprus passports-for-cash gone for good

Interior Minister Nicos Nouris told MPs Monday there was not a chance of the government resurrecting the disgraced passport for investment scheme. He said the Cyprus Investment Programme has been terminated once