risk Archives - Financial Mirror

Real estate boom in Greece, Cyprus creates risk

The real estate landscapes of Greece and Cyprus are undergoing significant transformations, with both nations displaying promising growth and recovery. However, beneath the surface of these top-line numbers, underlying challenges and disparities

12th October 2023

Comment/Property

Low-risk investments with stable returns

The global financial system is undoubtedly going through a period of turmoil and uncertainty. Although the banking sector is admittedly in better shape than in 2008, the collapse of Silicon Valley Bank

11th April 2023

Business/Comment

Cyprus self-employed at lower risk of poverty

Almost a quarter (23.6%) of all self-employed people aged 18 and over in the EU are at risk of poverty and social exclusion, although that ratio is less than half in Cyprus.

23rd September 2022

Business/Europe

Over 17% at risk of poverty or social exclusion

More than 17% of the population (154,000) in Cyprus were at risk of poverty or social exclusion last year, according to a study on income and living conditions. The Statistical Service said

18th August 2022

Cyprus

COVID19: Fourth jab for high-risk groups

Health authorities are mulling rolling out a fourth COVID-19 dose for the elderly, and immunocompromised people as data from hospitals suggest these groups are at higher risk of developing severe symptoms. Phileleftheros

11th February 2022

Cyprus

Risk of a new NPLs iceberg

The decisions made by the European Central Bank (ECB) in the early stages of the Covid-19 pandemic are considered a milestone for the European financial market. The decisions were diffused by unprecedented

5th November 2021

Comment/Economy

Central Bank warns crypto is ‘high risk’

The Central Bank of Cyprus issued a warning to people involved in cryptocurrencies or other virtual currencies, urging them to consider the high degree of risks involved. It reminded people that some

29th April 2021

Cyprus/Markets

COVID19: Crowded churches, shops pose needless risk

Scenes of crowded churches and shops jeopardize the effectiveness of COVID-19 restrictions to stem the spread of coronavirus after a record surge in November, officials warn. The head of the government’s COVID

1st December 2020

Cyprus/Life & Society

COVID19: Cyprus decides Greek holidays pose higher risk

Form 6 August passenger arrivals from Greece will have to present a coronavirus negative test no older than 72 hours after Cyprus demoted the country to a higher risk category. A resurgence

3rd August 2020

Cyprus/Life & Society