Kyriacos Nicolaou

The Central Bank of Cyprus (CBC) has released a statement notifying the public of scheduled closures for all banks on several upcoming dates. The closures are as follows: Wednesday, May 1, 2024: ...

The newly appointed governor of the Central Bank of Cyprus (CBC) Christodoulos Patsalides has deemed today’s interest rate disparity between lending and deposit rates in Cyprus unsatisfactory, suggesting various ...

The Cyprus government recorded a fiscal surplus of €918.7 million in 2023, constituting 3.1 per cent of the Gross Domestic Product (GDP), with government debt reaching €23.03 billion, accounting for 77.3 per cent of GDP, ...

The Cyprus Employers and Industrialists Federation (Oev) has highlighted some of the key labour issues it addressed during 2023, ahead of its annual general assembly scheduled for Tuesday, April 23, an event ...

Former Cyprus Airways CEO Paul Sies has joined travel-tech company Journey Mentor as president and chief executive officer, according to an announcement released on Monday. Journey Mentor, which is based ...

Cyprus’ Composite Leading Economic Index (CCLEI) fell by 0.9 per cent in March 2024, when compared to the same month from the previous year, according to a report released on Monday by ...

Hellenic Bank and bank workers’ union (Etyk) clinched a deal over collective agreements on Friday, after a government-supported mediation process. Labour Minister Yiannis Panayiotou heralded the development “after a long ...

The Cyprus Securities and Exchange Commission (CySEC) on Friday announced a decision to impose fines amounting to €360,000 on the Cyprus Investment Firm (CIF) MCA Intelifunds. “The Board of CySEC reached ...

Deputy Minister of Research Nicodemos Damianou on Friday stated that the public can expect to see concrete progress in the digital transition within the year, referring to specific timelines for ...

The Cyprus Chamber of Commerce & Industry (Keve), in collaboration with the Ministry of Energy, Commerce, and Industry, has announced a call for proposals for the EENergy project, offering grants ...

The Cyprus Chamber of Commerce & Industry (Keve), in conjunction with the Ministry of Energy, Commerce, and Industry and the Cyprus Youth Organisation (Onek), this week announced the second call ...

Finance Minister Makis Keravnos welcomed the release of the International Monetary Fund’s (IMF) Fiscal Monitor, which expects that Cyprus’ public debt ratio will decline to the Maastricht Treaty limit (60 ...

Finance Minister Makis Keravnos welcomed the release of the International Monetary Fund’s (IMF) Fiscal Monitor, which expects that Cyprus’ public debt ratio will decline to the Maastricht Treaty limit (60 ...

The Finance Ministry, in collaboration with SIX, a financial market infrastructure company, and the Cyprus Stock Exchange (CSE), on Thursday announced the successful activation, referred to as going live, of ...

President of the association of Hotel Professionals of Cyprus (Pasydixe) Christos Angelides has called for more agility in the local tourism sector, saying that any long-term strategy remains vulnerable to ...

The Mediterranean Shipping Company (MSC), a global shipping giant with offices in Limassol, on Wednesday issued an update regarding the seizure of the MSC Aries in the Strait of Hormuz ...

The annual inflation rate of the Harmonised Consumer Price Index in Cyprus dropped to 1.6 per cent in March, mainly driven downward by a decrease in energy prices, according to a ...

President of the association of Hotel Professionals of Cyprus (Pasydixe) Christos Angelides has called for more agility in the local tourism sector, saying that any long-term strategy remains vulnerable to ...

The University of Cyprus and Boltzmann Research, a team of scientists seeking to tackle the challenge of predicting financial markets, have signed a Memorandum of Understanding (MoU), according to a ...

AstroBank on Tuesday released its financial results for the year ending December 31, 2023, reporting a profit after tax of €30.4 million, while also marking a Return on Equity (RoE) of 13.9 per cent, ...

The Cyprus Shipping Chamber (CSC) this week joined forces with other international and regional maritime organisations in demanding the immediate release of 25 innocent seafarers. The crew, aboard the Portuguese-flagged container ...

Chief Scientist Demetris Skourides recently concluded a series of meetings in Tokyo, seeking to bolster cooperation between Cyprus and Japan in the fields of research and innovation. According to an ...

AstroBank on Tuesday released its financial results for the year ending December 31, 2023, reporting a profit after tax of €30.4 million, while also marking a Return on Equity (RoE) of 13.9 per cent, ...

President Nikos Christodoulides on Monday travelled to London for a series of contacts with financial parties, entrepreneurs and investors. As part of his visit, the president will participate in a ...