Finance Minister Constantinos Petrides said the Cyprus economy would become more robust by going through the green and digital transition. In his speech at the Digital Agenda Summit held Wednesday in Nicosia,
There is a love-hate relationship between the government and the business community. On the one hand, the government needs business to pay taxes and contribute to national growth to maintain its payroll;
Digital currencies could trigger a financial meltdown unless governments take swift action to regulate this market, the Guardian quoted a senior Bank of England policymaker as saying. Likening the growth of cryptocurrencies
Despite a supply chain crisis, the International Monetary Fund revised 1.8 percentage points upwards the growth rate of the Cypriot economy this year to 4.8% GDP, compared to its forecast in April.
Thursday morning felt different. The morning breeze carried the familiar smell of early rain. As the clouds began gathering, a sense of nostalgia of my college years in Virginia brought memories of
It is now generally accepted that 2021 has officially signalled a new era for humanity and business. An era dedicated to Sustainability and Sustainable Development as compliance with the United Nations Agenda
The banking sector faces multiple challenges ranging from the large percentage of non-performing loans (NPLs) to climate change; despite progress made, speakers told the Association of Cyprus Banks AGM. Finance Minister Constantinos
International credit rating agency DBRS Morning Star projects the Cypriot economy’s growth rate will be at 4.3% GDP this year and recede slightly to 4.1% in 2022. The projections are included in
Implementing the EU-backed €1.2 bln Recovery and Resilience plan successfully is important for public finances while boosting the island’s growth prospects, said Finance Minister Constantinos Petrides. Speaking before the House Finance Committee
Building permits issued in the first half of 2021 marked a significant recovery from Covid-hit 2020 while exceeding the pre-pandemic activity of 2019, according to data released by the Cyprus Statistical Service.