Kyriacos Nicolaou

The demand for loans in Cyprus saw a further decline in the first quarter of 2024, with banks attributing this decrease to high interest rates, according to a report released on ...

State-owned asset management company Kedipes on Thursday announced cash inflows of €144 million for the first quarter of 2024, with the company also making a record payment of €140 million to the state, ...

The Cyprus Securities and Exchange Commission (CySEC) and the Department of Accounting and Finance at the University of Cyprus (UCY) on Thursday jointly launched an educational initiative aimed at enhancing ...

Panagiotis Polydoros, Country Manager of Mastercard for Greece, Cyprus, and Malta, used a press conference held this week in Nicosia to underscore Mastercard’s confidence in Cyprus and its vision ...

Professional associations, who are members of the Cyprus Federation of Employers and Industrialists (Oev), this week met with the newly elected president of the European Committee for Electrotechnical Standardisation (CENELEC), ...

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides on Wednesday opposed the imposition of a windfall tax, emphasising that such a tax would harm the economy by disrupting the necessary ...

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides on Wednesday opposed the imposition of a windfall tax, emphasising that such a tax would harm the economy by disrupting the necessary ...

The Office of the Commissioner for State Aid Control has advocated that Cyprus’ energy isolation and high energy costs, combined with other unique challenges related to the island’s energy ...

The international use of the euro remained broadly stable in 2023, with its share across various indicators of international currency use staying above 19 per cent. This stability, close to the average ...

The Cyprus Chamber of Commerce and Industry (Keve), in conjunction with the Cyprus-Israel Business Association and the Embassy of Israel, has released a public invitation to a presentation on advanced ...

Before we get into the specifics of the review, let me invite you to take a walk in my proverbial shoes, or sandals, since this is Cyprus. It’s an ...

Eurobank Cyprus on Wednesday announced that it will soon proceed with the culmination of an initiative to support and reward its up-to-date mortgage customers by reducing the final interest rate ...

Eurobank on Tuesday significantly increased its stake in Hellenic Bank by purchasing 503,934 shares at a total cost of €1.29 million, with transaction taking place on the Cyprus Stock Exchange (CSE). According ...

The Cyprus Securities and Exchange Commission (CySEC) on Tuesday announced the official release of its regulatory sandbox, with the presentation of the launch taking place during an online event. In ...

Government employment in Cyprus reached an average of 54,835 individuals from January to May 2024, marking an increase of 2,684 persons or 5.1 per cent compared to the same period from the previous year, ...

The Cyprus Securities and Exchange Commission (CySEC) on Tuesday announced the official release of its regulatory sandbox, with the presentation of the launch taking place during an online event. In ...

Cyprus is excelling in the fields of research and innovation, according to Deputy Minister of Research, Innovation, and Digital Policy Nikodimos Damianou. Damianou this week visited the Cyprus Institute, where ...

Eurobank on Monday, June 10, purchased an additional 503,934 shares in Hellenic Bank at a total cost of €1.29 million, increasing its stake to 55.42 per cent, with this purchase being made at €2.56 per ...

The International Air Transport Association (IATA) has announced strengthened profitability projections for airlines in 2024, marking an improvement over its previous forecasts in June and December 2023. Despite these gains, the global ...

Fiscal Council president Michalis Persianis on Monday issued a series of recommendations and suggestions to the Interior Minister, following an analysis of the fiscal impact expected from the local government ...

Cyprus experienced an increase of 9.4 per cent in beer sales in May, compared to the same month of the previous year, reaching 4,682,575 litres in total, a result of a rise ...

Hellenic Bank actively supports various initiatives to enhance financial literacy, including the ‘Financial Alphabet’ programme, the final event of which was hosted at the bank’s headquarters in Nicosia. According ...

Total registrations of motor vehicles in Cyprus experienced a decrease of 9.6 per cent year-on-year in May of this year, dropping to 4,292 vehicles from 4,747 in May 2023, according to a report released ...

Fiscal Council president Michalis Persianis on Monday issued a series of recommendations and suggestions to the Interior Minister, following an analysis of the fiscal impact expected from the local government ...