Cyprus records hottest August ever

Last month, Cyprus witnessed the hottest August on record with the daily average temperature recorded in Nicosia reaching a blistering 39.5 degrees Celsius. The second highest daily average for the month was


Total loans in Cyprus hit record low

Total outstanding loans fell to a new low of €31.9 bln with businesses and households struggling in the wake of the pandemic, according to data released by the Central Bank of Cyprus