Business

The Cyprus Housing Finance Corporation (HFC) is set to proceed with the sale of non-performing loans (NPLs) worth €57 million from its total portfolio of €270 million, according to statements made before ...

Cyprus’ general government surplus for January 2025 stood at €566.9 million, equivalent to 1.6 per cent of GDP, according to preliminary data released on Monday by the state statistical service. This represents an ...

The presidency on Monday announced that the government’s target for full employment was achieved within the first two years of its term, something it described as an important milestone. ...

Social media platform X is down for thousands of users in the US and the UK, according to outage tracking website Downdetector.com. There were more than 16,000 incidents of people ...

The Research and Innovation Foundation (RIF) on Monday announced a new call for proposals under its Fast Track Innovation programme. According to the announcement, the programme aims to support existing ...

Analysts predict a tenfold increase in the price of Cardano (ADA) within the next months, as the coin has long remained one of the most promising blockchain projects. That said, ...

Oil prices held steady on Monday as concern over the impact of US import tariffs on global economic growth and fuel demand, as well as rising output from OPEC+ producers, ...

The largest banks in Cyprus and Greece successfully exceeded all their financial targets for 2024, demonstrating robust profitability and strengthened balance sheets. According to preliminary results released by the two largest ...

Investors are constantly looking for the next great chance as the cryptocurrency market develops—the token that might surpass the $1 milestone and create enormous returns. Although well-known cryptocurrencies like cryptocurrency ...

The Cyprus Stock Exchange (CSE) has reaffirmed its commitment to gender equality in the workplace, announcing that women constitute 73 per cent of its workforce, with 50 per cent holding managerial positions. ...

Out of 741 tourist units preparing to reopen in Cyprus, only 100 have secured a licence, accounting for just 13.5 per cent of the total. According to data from the Deputy Ministry of ...

By Miranda Xafa Despite the headwinds caused by the major turmoil and rapid changes in the international environment, Greece’s macroeconomic outlook for 2025 remains more positive than that of the ...

The European Union has taken a significant step towards ensuring affordable, efficient, and clean energy for its citizens through its newly announced Action Plan for Affordable Energy.  The plan, revealed ...

Britain’s Treasury Committee has announced that nine top UK banks and building societies suffered at least 803 hours of unplanned tech and systems outages in the last two years, blocking ...

AxeleraAI, one of Europe’s few companies making computer chips for artificial intelligence, has been awarded a grant of up to 61.6 million euros ($66 million) to develop a chip for use ...

Alphabet’s Google has launched an experimental version of its search engine that completely eliminates its classic 10 blue links in favor of an AI-generated summary. The new feature, available to ...

Big-money investors are always on the lookout for emerging opportunities, and a new DeFi lending protocol priced at just $0.015 is catching their attention. Bitcoin (BTC) whales, known for identifying high-potential ...

Memecoins like Pepe (PEPE) have had their moments of explosive growth, but as the hype fades, investors are starting to question whether they can still deliver strong returns. With trading ...

Sara Coleridge, daughter of Samuel Coleridge the poet, wrote verses for children during the mid-1800s and amongst her ditties about gardens and flowers that bloom each month, she is ...

Finding the next big crypto before it takes off is every investor’s goal, and some experts believe they’ve spotted a strong contender. Mutuum Finance (MUTM), currently in its ...

Here are the top business stories in Cyprus from the week starting March 3: The Cyprus International Businesses Association (CIBA) is currently analysing the proposed tax reform, according to an official ...

A historic global trade war, a proposed $1.2 trillion European fiscal bazooka and the emergence of China as tech race leader are upending global flows of money, marking a potential turning ...

March 5 (Reuters) – Tesla (TSLA.O) car sales in Germany fell by 76 per cent in February, data showed this week, adding to the collapse in sales of Elon Musk’s EV ...

British services firms in February cut staff at the fastest pace since 2020 ahead of tax and minimum-wage hikes that come into effect next month, an industry survey showed this week. ...