The maximum fine for non-payment of a salary in Cyprus is now €5,000 and as of Friday when the amended…
CERA: Mediterranean gas can be transitional alternative for Europe
The natural gas reserves in the Southeastern Mediterranean region can offer a transitional solution to the European Union’s reliance on…
How accessible are airports and ports in Cyprus?
Travelling is an exciting experience, whether by plane or boat, it offers a sense of adventure and discovery. However, for…
Analysis: After the buzz, investors are doing their own homework on AI
The rapid adoption of generative artificial intelligence has boosted markets this year, but after the initial euphoria, investors are waking…
Cypriots borrow at higher rates, get less for deposits than EU counterparts
Banks in Cyprus have higher interest rates for loans and offer lower rates for deposits than most eurozone countries, data…
Cyprus exhibits halloumi at the “Fancy Food Show” in New York
In a bid to promote halloumi, in international markets, Cyprus has participated with two exhibition stands at the “Fancy Food…
Russian bourse, banks to operate as normal on Monday, says central bank
June 25 (Reuters) – The Moscow stock exchange, banks and financial institutions are expected to operate as usual on Monday, Russia’s central…
Bank of England poised to raise rates after inflation shock
The Bank of England is set to raise interest rates for a 13th time in a row on Thursday, a…
Cyprus Airways upgrades fleet to Airbus A220
Cyprus Airways, the flag carrier airline of Cyprus, announced the upgrade of its fleet from the A320 to the advanced…
Cyprus government needs €361m extra-budgetary funds for 2023
The Cyprus government needs €361 million extra-budgetary funds for 2023 and that’s why a second supplementary budget was sent to…