Economic sentiment buoyed by services sector

Cypriot economic sentiment improved in January spurred on by stronger business confidence in the services sector, according to the University of Cyprus index. In January, economic sentiment in Cyprus advanced as the

Bad loans reduce slightly to €9.7 bln

Non-performing facilities in Cyprus banks recorded a slight decrease of around €1.4 mln in August 2019 compared to the previous month with total NPFs representing 29.3% of total loans. According to data


Registered unemployed dip 15% in December

Registered Cyprus unemployed recorded a 15% drop in December on an annual basis falling from 29,800 in 2018 to 25,285, official data shows. Unemployed people registered at the District Labour Offices on