financial Archives - Page 2 of 2

Financial risks from unregulated cryptos

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

16th October 2021

Business/Comment

Financial engineering in the real economy

The financial services industry in Cyprus saw tremendous growth over the past decade. Although much of its activities were directed outside the country, the industry proved to be a reliable source of

22nd June 2021

Business/Comment

CySEC strengthening trust in financial markets

By Michael Olympios Of all the lessons provided by financial crises, none is more profound than the loss of trust. Financial regulators are well aware of its consequences and are keen to

20th March 2021

Business/Comment

COVID19: Cyprus extends financial support as debt grows

Cyprus announced on Thursday that it has decided to extend until the end of October financial support schemes introduced to mitigate the effects of the lockdown and restrictive COVID measures imposed. Talking

3rd September 2020

Cyprus/Economy

BEIRUT: Cyprus embassy to help allocate €5 mln aid pledge

Cyprus diplomatic mission in Beirut is preparing proposals as to how the amount of €5 mln which Nicosia donated to Lebanon can be best allocated in the post-blast landscape. Cypriot Ambassador in

18th August 2020

Cyprus/Middle East

COVID19: Cyprus eyes financial recovery in late 2020

Finance Minister Constantinos Petrides said the government aims for an economic recovery to start by the fourth quarter of 2020, as the road map for rebooting the covid-battered economy begins earlier than

30th April 2020

Business