Kyriacos Nicolaou

The Central Bank of Cyprus (CBC) this week released a statement highlighting the importance of the visit by Pablo Hernandez de Cos, the governor of the Central Bank of Spain, ...

Vice President and Senior Analyst at Moody’s risk assessment group Haiko Peters this week praised the Cypriot’s economy steady improvement, referencing both its growth and ability to weather ...

The Cyprus Employers & Industrialists Federation (Oev) this week expressed its satisfaction with the approval of the Grants Scheme for Energy Upgrade and Competitiveness Enhancement for Large Enterprises. The proposal, ...

Finance Minister Makis Keravnos on Wednesday announced that the Cabinet has approved the revision of the strategic plan aimed at attracting foreign businesses to Cyprus. The revised strategy, according to ...

Cruise industry giant Royal Caribbean Group announced on Wednesday that it is now hiring members of staff based in Cyprus for its cruise ships, with a diverse set of roles ...

The Cyprus Chamber of Commerce and Industry (Keve) on Tuesday announced a state-of-the-art online course through its I-STARS (Innovative Strategies, Training, and Resources for Sustainability) project. According to the announcement, ...

Bank of Spain governor Pablo Hernández de Cos on Tuesday said that the European Central Bank (ECB) will proceed with cutting interest rates, without, however, specifying the timeline for ...

Short-term rental properties are increasing in popularity in Cyprus, quickly becoming a mainstay in the accommodation choices of both travellers and locals, according to Yiannis Kotzias, general manager of operations ...

Consulting and advisory firm PwC Cyprus this week announced that it hosted another successful ACCA Award Ceremony, held at the organisation’s Experience Centre, in the presence of Philippos Soseilos, ...

The number of registered unemployed individuals in Cyprus saw a significant decrease of 12.3 per cent on an annual basis in January 2024, according to a report released this week by the ...

The Cyprus Securities and Exchange Commission (CySEC) has announced that it recently reached settlement agreements with two Cypriot companies, the Cyprus Trading Corporation, and Woolworth (Cyprus) Properties. In both instances, ...

The global electric vehicle (EV) market is set to witness a substantial growth of 29 per cent, reaching 13.7 million units in 2023, according to the latest research from technology market analysts Canalys. ...

The Cyprus Chamber of Commerce and Industry (Keve) and the Cyprus Bank Association this week reached a preliminary agreement to collaborate on joint initiatives and public outreach concerning matters of ...

Cyprus experienced a modest uptick in inflation in January 2024, with a 1.7 per cent increase compared to a 1.64 per cent rise in December 2023. The annual inflation rate for January 2023 had reached 7.11 ...

Cyprus’ retail sector experienced a notable surge during 2023, with a remarkable 8.9 per cent increase in the value of turnover, according to a report released this week by the state’s ...

New lending in Cyprus remained stable during 2023, a reflection of an economic environment dominated by high interest rates, which also pushed loan restructurings to historically unprecedented levels. According to a ...

The Cyprus Real Estate Agents Registration Council on Friday said that the local property market performed robustly during the fourth quarter of 2023, despite inflationary pressures, high interest rates, and soaring ...

The Bank of Cyprus on Friday announced that it has successfully returned a total of €2.2 million to up-to-date mortgage borrowers, as part of their ongoing reward plan. According to the ...

The Central Bank of Cyprus (CBC) this week released a quarterly report showing that the interest rate on household deposits with a maturity of up to one year increased to 2.29 ...

Cyprus-based ship management company Intership Navigation, founded 35 years ago by German ship owner Alfred Hartmann, recently announced its separation from the Hartmann Group through a management buyout by its long-term ...

The Non-Performing Loan (NPL) ratio in Cyprus remained unchanged at 8.3 per cent in November 2023, according to a report released on Thursday by the Central Bank of Cyprus (CBC). According to ...

TechIsland, the largest technology association in Cyprus, and member company Adsterra, on Thursday announced the launch of “Advocate For Yourself,” an educational programme under the Women in Tech Cyprus initiative. ...

The economic climate in Cyprus showed signs of improvement in January 2024, according to a report released this week by the University of Cyprus’ Economic Research Centre (CypERC). The Economic Sentiment ...

The Producer Price Index (PPI) in Cyprus’ industrial sector for the year 2023 witnessed a notable decrease of 4.5 per cent on an annual basis, according to a report released on Wednesday ...