Standard & Poor’s has affirmed Cyprus’s BB+ sovereign credit rating and kept its outlook on positive citing the risks the economy faces from the banks’
Cyprus’s economic output increased last year 3.9 per cent compared to 2016, which is the highest since 2008, the statistics service said. In nominal terms,
The state-owned Cyprus Cooperative Bank has sold part of its stake in investment firm Demetra Investment Plc Ltd, to software developer Logicom for €20.4m, it
The number of company registrations, an indicator of the performance of the business services sector, rose in February by 25 per cent to 1,207 compared
Moody’s Investors Service said that Cyprus’ economy will continue to expand at a fast pace which in turn is likely to help borrowers’ repayment capacity
Construction output is expected to grow as building permits in 2017 by the authorities showed a 47 per cent increase, the statistics service Cystat said.
Revenue from tourism rose last year 12 per cent to €2.6bn to an all-time high, aided by a 15 per cent increase in arrivals to