Cyprus economic sentiment improves, future outlook dim
The economic sentiment in Cyprus improved in January 2023, with the Economic Sentiment Index (ESI) increasing by 0.9 points compared to December 2022, according to...
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Rising interest rates have a sting in the tail for Europe’s banks
Rising borrowing costs are giving a long-awaited lift to Europe’s beleaguered banks, but they come with a sting in the tail. Last year central banks...
CySEC study reveals investor habits
The Cyprus Securities and Exchange Commission (CySEC) this week released the findings of a study seeking to identify the behaviour and habits of European investors....
Limassol could have an additional 8,000 apartments
Could taxing idle properties be the answer to the market’s inability to meet demand? The city of Limassol could have an additional 8,000 apartments,...
Foreign investments in Paphos surpass €15 million
The Paphos Chamber of Commerce and Industry (Evep) on Wednesday said that foreign investments in the district have exceeded €15 million in total. According to...
US software firm opens new offices in Cyprus, relocates 150 employees
The company’s decision has given a vote of confidence to Cyprus’ efforts to establish itself as a European tech hub National investment agency Invest...
UK factories cut prices, helping BoE’s inflation fight
Britain’s manufacturers unexpectedly reduced their prices in December by the most since April 2020, welcome news for the Bank of England which is weighing up...
Companies must adapt to new worker trends
Younger employees don’t ascribe to traditional job descriptions, want more flexibility, and want organisations to match their own values. Deloitte Cyprus consulting services leader George...
‘Foreclosure suspensions exclude young and poor from lending’
The Cyprus Fiscal Council on Tuesday said that decisions in the vein of the foreclosure suspension ultimately exclude the most financially vulnerable social groups from...
ECB policymakers spar on rate outlook beyond Feb hike
European Central Bank policymakers laid out diverging views on future interest rate hikes on Monday, suggesting that moves beyond next week’s half a percentage point...
