Governor of the Central Bank of Cyprus (CBC) Constantinos Herodotou revealed that the markets are concerned that the problem with some European banks could evolve into something bigger. But he said the
About 27 immigrants per 1000 people arrived in Cyprus from countries outside the European Union last year, one of the highest ratios in the bloc, according to Eurostat data. Some 22.7% of
Cyprus is being battered by strong gusts, with the Met Office issuing a yellow warning for gale-force winds picking up speed later Wednesday. The Met Office said that near-gale and north-westerly winds,
Cyprus hired banks to market its first-ever sustainable bond, according to the Public Debt Management Office. Cyprus is looking for investors to issue a sustainable bond, the Financial Director of the Public
New Health Minister Popi Kanari said closing loopholes in the country’s General Health System that allow for abuse is at the top of her to-do list. In an interview with the Financial
The inflation rate in Cyprus is declining but still high [at 6.7% in February]. Interest rates are low, 1.29% for household deposits and 1.27% for business deposits. In addition, there are no
President Nikos Christodoulides received positive signals to his call for more direct EU involvement in Cyprus talks during his contacts in Brussels. Government sources said there was a positive response and that
Methamphetamine and cocaine use are on the rise in Cyprus, compared to previous years, says a European wastewater analysis report on drug use that included over 100 cities. According to the survey,
Cyprus’ water reserves are dangerously low, as the island’s dams are currently recording one of the worst inflows for a decade despite recent storms. Since October, when the rainy season began, water
Cyprus’ diplomatic network abroad is being upgraded with the reopening and opening of four embassies in 2023. Foreign Ministry’s spokesperson Theodoros Gotsis, said Cyprus’ High Commission in Nairobi, Kenya, reopened in February.
