The European Central Bank is likely to reassure European Union leaders on Friday that euro zone banks are safe after market turbulence caused…
Russia cannot meet arms delivery commitments because of war, Indian Air Force says
Russia is unable to deliver vital defence supplies it had committed to India’s military because of the war in Ukraine,…
Cypriot banks not direcly exposed to global crisis, CBC Governor says
Cyprus’ banking system does not have direct exposure to the ongoing global turmoil, Central Bank Governor Constantinos Herodotou said on…
Greece restarts rail services after deadly Tembi crash
Greece reopened some train routes on Wednesday, three weeks after a deadly train crash forced authorities to suspend all rail…
Companies in EU would have to offer repairs for worn-out products for 10 years under proposed rules
The European Union wants to give consumers the right to have worn-out products like washing machines and televisions repaired by…
10 teams awarded at ‘Stelios Bi-Communal Awards’
The Stelios Philanthropic foundation awarded ten teams, consisting of 10 Greek Cypriot and 10 Turkish Cypriot people, at its bicommunal…
CBC Governor warns banks to manage loans on verge of turning red promptly and effectively
Central Bank Governor Constantinos Herodotou has urged the island’s bank leaders to manage customer loans on the verge of turning…
Cyprus to greenlight EU earthquake aid to Turkey, overriding ban -Reuters
The European Union’s lending arm, the European Investment Bank, is to temporarily override its near 4-year long ban on financing…
More than 50% of young Turkish Cypriots want to migrate – research
Many young Turkish Cypriots wish to migrate, citing financial difficulties, mandatory army conscription and anxiety about the future as reasons,…
Russia wants Chinese business to replace Western firms, Putin tells Xi
Moscow is ready to help Chinese businesses replace Western firms that have left Russia over the Ukraine conflict, President Vladimir…