Kyriacos Nicolaou

The Central Bank of Cyprus (CBC) has taken significant steps in the past two years to strengthen the financial resilience of the nation’s banking system. These measures, detailed in ...

The Cyprus Chamber of Commerce and Industry (Keve) on Tuesday announced the launch of the EcoSMEnergy project. The project, co-funded by the European Union under the LIFE Programme, aims to ...

The prices of building materials in Cyprus dropped by 0.81 per cent in 2024 compared to 2023, according to a report released this week by the state’s statistical service. The service reported ...

Capital markets will continue to be influenced by the demands of the digital transition, the rise of artificial intelligence, as well as new regulatory requirements, according to CySEC chairman George ...

The bill for the privatisation of the Cyprus Stock Exchange (CSE) is undergoing legal review and is expected to reach the House for a vote in February, it emerged on ...

Capital markets will continue to be influenced by the demands of the digital transition, the rise of artificial intelligence, as well as new regulatory requirements, according to CySEC chairman George ...

The Cyprus Chamber of Commerce and Industry (Keve) recently hosted an official dinner celebrating the Chinese New Year, in cooperation with the Cyprus-China Business Association, according to an announcement released ...

Eurobank’s acquisition of Hellenic Bank is expected to conclude by the end of May, paving the way for the legal and operational merger with Eurobank Cyprus. The latest update ...

Harmonised inflation in Cyprus increased by 2.3 per cent in 2024 compared to 2023, according to a report released this week from the state’s statistical service. The category of restaurants and hotels ...

Eurobank has finalised the sale of its 8.58 per cent stake in Demetra Holdings Plc, totalling 17,152,353 shares, to Logicom Services Limited for approximately €27 million (€1.55 per share). In a statement issued on ...

Interest rates in Cyprus continued to decline in November 2024, with home loan rates averaging 4.50 per cent, down from 4.62 per cent in October, according to the Central Bank of Cyprus (CBC). ...

Eurobank’s acquisition of Hellenic Bank is expected to conclude by the end of May, paving the way for the legal and operational merger with Eurobank Cyprus. The latest update ...

The outlook for Cyprus tourism in 2025 is encouraging, with booking flows surpassing those of the previous year, according to president of the Cyprus Hoteliers Association (Pasyxe) Thanos Michaelides. Michaelides stated ...

The Cyprus Statistical Service (Cystat) on Thursday launched its survey on household income and living conditions for 2025. The survey, conducted annually since 2005, aligns with a relevant EU regulation, which requires ...

The Central Bank of Cyprus (CBC) aims to maintain stable prices and a sound financial system, according to governor Christodoulos Patsalides. Speaking at the 12th Banking Forum and Fintech Expo ...

The outlook for Cyprus tourism in 2025 is encouraging, with booking flows surpassing those of the previous year, according to president of the Cyprus Hoteliers Association (Pasyxe) Thanos Michaelides. Speaking to ...

Salamis Tours (Holdings) Public Ltd has issued assurances regarding its employment policy amidst a potential acquisition by E.V.H. Investments Ltd. E.V.H. Investments Ltd has been steadily ...

Spain’s decision to impose steep taxes on non-EU property investors using platforms like Airbnb has sparked debate over whether countries like Cyprus and Greece will benefit from the shift ...

The Cyprus Consumers Association (CCA) recorded thousands of consumer complaints in 2024, marking a 24 per cent increase compared to the previous year. The association’s annual report, released on Wednesday, showed ...

Spain’s decision to impose steep taxes on non-EU property investors using platforms like Airbnb has sparked debate over whether countries like Cyprus and Greece will benefit from the shift ...

The Central Bank of Cyprus (CBC) has reported that the total post-tax profits of Cypriot banks reached €952.5 million for the first nine months of 2024, compared to €602.92 million at the end ...

The Central Bank of Cyprus (CBC) has announced an increase in the countercyclical capital buffer (CCyB) requirement for licenced credit institutions from 1 per cent to 1.5 per cent. The change, aimed ...

State-owned asset management company Kedipes this week provided updates on the implementation of the mortgage-to-rent scheme, revealing that approximately 25 rental agreements have been signed. In addition, the company said that ...

The Construction Production Index in Cyprus reached 110.92 points in the third quarter of 2024, with 2021 acting as the base year set at 100 points. This marks a 6.5 per cent increase compared to ...