What a European peace plan looks like

The European Council will convene on December 16 to discuss the possibility of imposing sanctions on Turkey concerning Varosha and the Cyprus Exclusive Economic Zone (EEZ). The government has asked the EU

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COVID19: Europe turning into high-risk zone

The latest COVID-19 map issued by the European Centre for Disease Prevention and Control (ECDC) shows increased cases across Europe, consisting mostly of red or deep red zones. Cyprus remains in the red category

Europe’s airports lose 1.2 bln passengers

Europe’s airports have lost 1.26 billion passengers this year, plunging 62% compared to pre-pandemic (2019) levels, airports association ACI EUROPE reported Monday. It said EU+ airports stand at -69% this year against

COVID19: NPLs stable in Europe during pandemic

Massive state intervention prevented a rise in non-performing loans (NPLs) during the Covid-19 pandemic in central, south-eastern Europe (CESEE), but the quality of bank assets after the phasing out of measures “remains uncertain”, according