Leaders in Cyprus financial services, healthcare and consulting have been targeted by government-backed ‘hack-for-hire firms’ exploiting the coronavirus pandemic, according to Google data. Security experts at Alphabet Inc’s Google sent 1,755 warnings
Non-performing loans (NPLs) in the Cyprus banking system declined to €8.97 bln in 2019 but the NPL rate was still 27.9% of all loans. According to data released by the Central Bank
The Cyprus government announced an ‘improved plan B’ with a major input from the European Investment Bank to rescue the economy hurt by the coronavirus pandemic with loans worth €1.7 bln, as
For the second time since the coronavirus outbreak in March, Cyprus has recorded zero COVID-19 cases as it gears up to welcome foreign tourists. No COVID-19 cases were recorded on Wednesday from
Cyprus seeks to woo tourists post-coronavirus lockdown by pledging to cover medical costs of visitors who test positive for COVID-19 while enjoying a holiday on the island. The unusual move is outlined
Industrial giant Siemens AG has been chosen as the preferred bidder to build the Cyprus-Greece electricity connection, with regulators discussing issues of interoperability to ensure linking their national grids goes ahead smoothly.
Swedish Foreign Minister Ann Linde is struggling to improve her country’s reputation abroad after Swedes were declared persona non-grata by fellow European Union member, Cyprus. Last week, the island said nationals from
Cyprus confirmed two new cases of COVID-19, after conducting 2,214 lab tests including schools, shop staff and repatriated Cypriots, health authorities announced on Tuesday. The total number of cases in Cyprus since
COVID-19 continues to take its toll on business and consumer confidence with the monthly indicator tracked by the University of Cyprus dropping to an all-time low of 72.9 points in May. This
Budget airline Ryanair confirmed it will fly to Cyprus from 1 July after the holiday island mapped out plans to open airports and hotels from next month. Ryanair will operate 40% of
