Cyprus said it will tap two existing bonds maturing in 2024 and 2040 for a minimum amount of €500 mln in a bid to replace more expensive debt expiring by end-2020 with
Cyprus reported another new coronavirus case on Monday, a Cypriot who tested positive on returning from the USA. The COVID-19 case was detected from 557 tests on repatriated Cypriots and other passengers
A self-imposed moratorium on gas drills to boost peace talks or succumb to threats by Turkey would signal the end of Cyprus’ energy prospects, warned outgoing Energy Minister George Lakkotrypis. He made
Cyprus securities regulator slapped a €650,000 fine on Germany’s Commerzbank for its role in transactions carried out by Laiki Bank that collapsed during the 2013 financial crisis. The Securities and Exchange Commission
After a 20-year absence, the Cyprus-Greece passenger ferry link will be reinstated after Nicosia received EU competition approval, the outgoing shipping minister said Monday. This development opens the way for a tender
Cyprus is wilting under a July heatwave as the met office issued another extreme weather warning for Monday with maximum temperatures expected to reach 41 degrees Celsius. The Department of Meteorology issued
Around one-third of Cyprus banks’ gross loans had payment deferrals for borrowers affected by coronavirus lockdown disruption, adding credit risk to the banking system, said Moody’s. “Although the payment deferrals reduce the
From Monday, Cyprus is allowing entry to more countries after health authorities have revised the list based on their COVID-19 epidemiological risk, but nearby Israel and Lebanon are not among them. The
An orange warning was issued by the Cyprus Met Office on Sunday for extremely high temperatures exceeding 40 degrees Celsius as a heatwave grips the island. The Met Office alert is in
Diversity issues are not part of the national conversation while there is sparse interest in the Black Lives Matter debate in Cyprus. It seems we are not concerned so much about being
