Cyprus Business News
New consumer loans, mortgages and new loans above €1 million increased in September compared to the previous month of this year, data released by the...
Cyprus begins discussions over the adoption of a minimum wage
The Cyprus government and the social partners (trade unions and industrialists and employers) held the first session of the Labour Advisory Body for the adoption...
Cyprus property market: apartments and office space dominate demand
The Cyprus property market is suffering from a misalignment between what is primarily available and what is being sought after by property seekers, a report...
Cyprus Business Now
Retail trade experienced a boom in Cyprus during August, both in terms of value and volume. According to data released by the Cyprus Statistical Service...
Long term financial stability still the key objective, Finance Minister says at summit
The government’s policy priorities remain the same despite the adverse effects of the coronavirus pandemic, Minister of Finance Constantinos Petrides said at the 7th International...
Cyprus Business Now
The Human Resources Development Authority (HRDA) of Cyprus has appointed a new director general, with Yiannis Mourouzides having taken over the position on November 1....
Hellenic Bank: Taking on an active role for the community and the environment
As part of its Corporate Social Responsibility (CSR), Hellenic Bank emphasizes on sustainable practices and supporting ‘green’ initiatives and businesses. Cognizant of its responsibility to...
The inconsistency in global strategic relations
by Maria Demertzis “There’s a fundamental truth of the twenty-first century within each of our own countries and as a global community,” President Joe Biden...
Cyprus economy growth prospects better than previously thought
The Cypriot economy is expected to grow more than previously expected according to a report by the University of Cyprus Economic Research Centre. According to...
Cyprus Business Now
The Beau Rivage Hotel in Larnaca has begun to be demolished, a process estimated to take somewhere between two and three months to be completed....