New credit provided by Cypriot banks reached €3.23 bln in 2022, increasing 10% year-on-year despite the uncertainty driven by the war in Ukraine, according to the Central Bank of Cyprus (CBC). Pure
On 29 December, the Minister of Foreign Affairs of India, His Excellency Dr S.Jaishankar, was on a two-day mission to Cyprus. Bilateral relations between both countries have been traditionally very close and
Water flowing into dams remains low compared to last year, despite the heavy rain that has fallen during the past few days. According to the Water Development Department, the water flow into
Cyprus’ blood banks are battling supply shortages and requesting public support to bolster stocks to save lives. The head of the blood bank laboratory, Androulla Panayiotou, told CNA that blood supplies are
A total of 187 applications submitted by women were approved for €10.6 mln in the government’s New Entrepreneurship Programme 2021-2027, said Commerce Minister Natasa Pilides. At an event to promote women in
The UK Government continues to support a Cyprus settlement based on the model of a bizonal, bicommunal federation despite Turkish Cypriots advocating a two-state solution, a Downing Street spokeswoman said. During a
An economic and business policy is not a list of promises about what a presidential candidate will do for every social and professional group in the country to win their votes. Economic
President Nicos Anastasiades announced Wednesday that Cyprus would donate €2.5 mln to the Hellenic Air Force as a gesture of solidarity after two Greek fighter pilots died when their Phantom jet crashed.
Economic rationalism should not be ignored for populist spending by a new government but maintain a serious fiscal administration and continuity, outgoing Finance Minister Constantinos Petrides warned. “The public service in Cyprus,
The digital transformation journey has begun, but Cyprus needs more skilled tech professionals to see it through, Deputy Minister of Innovation and Digital Policy Kyriacos Kokkinos said. “The greatest weakness of Cyprus
