Cyprus has EU’s highest stock of NPLs

Cyprus has the EU’s highest stock of non-performing loans (assets) of the general government, according to Eurostat data. The share of non-performing loans over the country’s GDP stood at 28.3% in 2020,

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EuroAsia’s long journey

Almost 10 years to the day, a packed audience in the present-day Hilton Nicosia heard for the first time how Cyprus could have a backup plan to ensure electricity supply is never

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EuroAsia locks record €657 mln Cyprus funding

The EuroAsia Interconnector, the subsea electricity cable linking Cyprus and Israel with continental Europe, via Greece, has secured a record €657 mln in EU financing geared at clean energy sources, like solar

Cyprus struggling with migrant flows

Cyprus struggles to cope with high numbers of asylum seekers, as in the first 18 days of January, over 700 migrants have filed applications for international protection. According to data cited by

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EU solidarity goes both ways

When Ioannis Kasoulides took the helm at the Foreign Ministry this week, one got a sense of assurance that Cyprus foreign policy would stay on track and in line with the rest

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Our EU fortunes follow the euro

The euro is an important achievement that consolidates European unity. Proof of this is its recent use as an effective tool to deal with the collective effort against the pandemic. Twenty years

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