The Central Bank of Cyprus (CBC) has amended its directives on the release of loan collateral upon repayment and the…
Moody’s reaffirms Cyprus credit rating at A3 with stable outlook
Moody’s reaffirmed Cyprus’s credit rating at A3 with a stable outlook on May 29, reflecting the country’s strong economic resilience…
Diesel falls at Cyprus pumps as crude prices drop, but unleaded rises
Diesel prices at Cyprus petrol stations fell significantly in the second half of May while unleaded petrol rose, as falling…
Cyprus posts €593m surplus in first four months of 2026 but pressures mount
Cyprus recorded a general government surplus of €593.4 million, equivalent to 1.5% of GDP, in the first four months of…
Crypto, cash, villas and luxury cars: MOKAS freezes €91m in two years
Cypriot authorities seized assets worth nearly €91 million over the past two years under court orders linked to criminal cases…
Public Larnaka 2030 conference to examine working conditions in cultural sector
Larnaka 2030, in collaboration with the cultural organisation D6:EU and the European network Culture Action Europe (CAE), is organising the…
ECB economists warn bank valuations may be built on overoptimism after record rally
Eurozone bank valuations in 2025 soared to levels not seen since before the global financial crisis, but three ECB economists…
Cyprus rents exceed young couples’ monthly salary — and they keep rising
Rents in parts of Cyprus have surpassed the monthly salary of many young couples trying to start out on their…
Fuel prices in Cyprus set to fall within ten days, petrol station owners’ chief says
Fuel prices in Cyprus are expected to fall within the next ten days following a sharp drop in international oil…
Famagusta tourism bodies launch major digital campaign to offset visitor losses
Tourism bodies in the free Famagusta district have launched a major digital marketing campaign targeting six European markets, as Cyprus…