The cruise ship, Rhapsody of the Seas, arrived at Ayia Napa Marina with a passenger capacity of 2,100 and around…
Bank of England warns rates to stay high as borrowing costs hit 15-year peak
The Bank of England raised its key interest rate by a quarter of a percentage point to a 15-year peak…
Erdogan emphasises importance of grain deal in Putin call
Turkey’s President Tayyip Erdogan emphasised the importance of avoiding steps that could jeopardise the resumption of the Black Sea grain…
Interest rate on deposits records increase in June, CBC data show
The Central Bank of Cyprus released statistics on interest rates on loans and deposits of euro area residents in euro…
EU attempt to tax polluting aviation fuel hits impasse
European Union plans to start taxing polluting aviation fuels have hit an impasse as the bloc’s 27 member states struggle…
Eurobank Cyprus posts capital adequacy and profitability in first half of 2023
Eurobank Cyprus’s Financial Results for the first half of 2023 showed strong capital adequacy and liquidity, a very good quality…
Fitch cuts US credit rating to AA+; Treasury calls it ‘arbitrary’
Rating agency Fitch on Tuesday downgraded the U.S. government’s top credit rating, a move that drew an angry response from…
Cyprus-registered company assisted 17 different state-sponsored hacking groups
An obscure cloud service company has been providing state-sponsored hackers with internet services to spy on and extort their victims,…
Hellenic Bank parts ways with CEO Oliver Gatzke
Hellenic Bank has announced the resignation of its CEO, Oliver Gatzke. The decision came to light after the bank received…
Consumer goods prices in Cyprus in July still on the rise
Inflation in Cyprus continues to slow down but the price level of most consumer goods and services in July were…