Eurobank Cyprus posted soaring profitability after tax for the first half of 2023, with net profits approaching full-year gains for 2022 due to rising interest rates. Eurobank Cyprus, a subsidiary of Greek
Government spokesman Konstantinos Letymbiotis has heralded a Cyprus – Jordan initiative to set up a regional centre to combat wildfires, announced during President Nikos Christodoulides’ visit to Amman. Letympiotis said the talks
Private debt in Cyprus (households and non-financial corporations) was 218% of GDP in the first quarter of 2023, with debt in absolute numbers totalling €60.1 bln, the Central Bank of Cyprus (CBC)
Four Royal Jordanian Air Force helicopters, which took part in extinguishing huge wildfires in Greece, were hosted in Cyprus. The island was used as a stopover for refuelling at the weekend, and
President Nikos Christodoulides and Greek Prime Minister Kyriakos Mitsotakis dismissed Monday any suggestion that Nicosia and Athens are split over the Cyprus issue. Following a tete-a-tete at the Presidential Palace during the
A prolonged heatwave gripping the island for a record 17 days has reignited discussions over Cyprus’ future as climate experts warn that temperatures could reach 50 degrees Celsius in the years to
Two years ago, when European Commission President Ursula von der Leyen visited to see the devastation caused by the infernal summer fires, she pleaded for the immediate implementation of community projects and
As Greece and its islands, in a remarkable shift, emerged as the top choice for billionaires seeking luxurious getaways in the Mediterranean, outshining Italy, Cyprus struggles to attract the super-rich. Cyprus is
Upgrading our hotels, restaurants, and hospitality centres, providing quality service to patrons, but the cost of the new changes is very high, especially for Cypriot budgets. Two flagships of Greek tourism (Mykonos
Cyprus has introduced an incentive scheme for airlines to relocate their base to the island, as aircraft carrying a Cypriot flag are now exempted from stamp duties. Following Parliamentary approval, aircraft registered
