The investment sector continues to grow steadily despite continuous challenges, positively contributing to the growth of the broader financial services sector and the Cypriot economy, said the Cyprus Securities and Exchange Commission
The President of Bundesbank, Dr Joachim Nagel, will be in Cyprus for several key meetings next week. The Head of the Central Bank of Germany – considered among the most influential figures in financial matters in
Only Cyprus could attract a storm cloud of dirty money allegations that dumps toxic financial bombs on its reputation as an investment destination. Although the torrent of leaked documents unleashed by the
Finance Minister Makis Keravnos said it is disturbing that ‘Cyprus Confidential’ investigations continue to present the country as a problematic financial destination. He told journalists after Wednesday’s Cabinet meeting that since it took office in
The country’s largest banking and financial services group, Bank of Cyprus, posted after-tax profits of €349 mln for the first nine months, substantially improving from the €19 mln loss last year. Notably,
Cyprus’ banking sector is in the best position it has been over the last decade, experts said at the 19th Annual Economist Summit. The experts highlighted, however, the importance of implementing the
The Finance Ministry has refuted claims by the Audit Office and Paphos Mayor Phedon Phedonos that it is accountable for the chaos at Paphos airport with long queues of passengers. Earlier in
Finance Minister Makis Keravnos submitted the 2024 state budget, the first of the Nikos Christodoulides administration, to House Speaker Annita Demetriou on Wednesday. Keravnos presented the budget to the House Speaker before
Finance Minister Makis Keravnos said there are still challenges the banking sector must address, but he expects additional positive measures from banks to their struggling customers. At the ‘Banking System: New Challenges
The banking sector has enhanced its strength and resilience through 2023, despite the turmoil of recent economic and geopolitical events, Cyprus Central Bank governor Constantinos Herodotou said. In his speech on Wednesday at the
