President of France Emmanuel Macron sent a message of support to Greece and Cyprus in the face of Turkey flouting international law in the region. In joint statements with Greek Prime Minister
The 2008 financial crisis hit Cypriot banks extraordinarily hard, leaving the sector with an NPL-ratio soaring to a frightening level of 54% in 2014. In subsequent years, the ratio was reduced to
Turkish Cypriot leader Mustafa Akinci may not make the run-off in April elections in the breakaway north of the island with hardliners on the Cyprus problem likely to triumph, according to opinion polls. A
Land developers argue that liquidity-rich Cyprus banks are making life difficult for young couples who want to buy a first home by denying them a loan. As developers are relying more on
Cyprus is failing its green credentials by staying at the bottom end of Europe for electricity generated from renewable sources, consumption of alternative energy and using RES in transport. The share of
Greece Defence Minister Nikos Pagiotopoulos and his Cypriot counterpart Savvas Angelides held discussions on improving their defence cooperation involving the Chiefs of Staff of the Greek and Cyprus armed forces. Angelides said
The International Maritime Organisation and WISTA, the umbrella organisation for professional women in the shipping industry, signed a landmark technical cooperation agreement to encourage greater diversity and empower women in the maritime
Cyprus economic growth is expected to decelerate in 2020, with real GDP dropping from 4.1% in 2018 and 3.4% in 2019 to 2.8%, due to faltering confidence, risks related to bad loans
The Transport Ministry has launched a scrappage incentive scheme to encourage Cypriot motorists to replace their old high-emission bangers with new eco-friendly cars, preferably electric ones. The Road Transport Department has published
Cyprus Foreign Minister Nikos Christodoulides will hold talks in Rome on Wednesday with his Italian counterpart Luigi Di Maio on latest developments in the Eastern Mediterranean in view of Turkish activity in
