Natural gas will remain an important energy source by 2050, and quantities found off the island could reach markets through a pipeline or by liquefying it for transport by ship, the head
Cyprus has the EU’s highest stock of non-performing loans (assets) of the general government, according to Eurostat data. The share of non-performing loans over the country’s GDP stood at 28.3% in 2020,
Cyprus will get another source of liquidity from its Euro Medium-Term Notes (EMTN) being dual-listed on the Swiss Exchange, SIX and the Nicosia bourse. On Monday, the Ministry of Finance, the Cyprus
Labour productivity in Cyprus is below the EU average, ranked at the bottom end with Portugal and Greece, said the Economic and Competitiveness Council. Releasing its second competitiveness report, the Council notes
Cyprus’ high overall indebtedness continues to limit Cypriot banks’ growth potential and elevates economic vulnerability, a credit negative for banks, Moody’s argues. It follows reports that Cypriot banks had sold or transferred
Unsurprisingly, there was no rumble of indignation or calls for a public inquiry as to why a backroom deal was made to give civil servants a luxury ride at our expense. It
Rural Cyprus is getting an upgrade with growing investor interest in mountain villages materialising as multi-million projects come online, transforming once-neglected areas More and more investors are looking for opportunities in the
Almost 10 years to the day, a packed audience in the present-day Hilton Nicosia heard for the first time how Cyprus could have a backup plan to ensure electricity supply is never
Efforts to solve the Cyprus problem have not been on the international community’s agenda for the past five years. Many parties, including the UN and the EU, consider it “a frozen issue”.
As UK partners signal the island can expect higher volumes of British summer holiday seekers, Cyprus tourism stakeholders are optimistic that 2022 will be a year of recovery following the coronavirus crisis.
