Cyprus and Egypt currently face the most immediate credit risks than other countries in the turbulent eastern Mediterranean region rated…
The legendary Berengaria Hotel enters a new era (video & photos)
The “diamond of Troodos”, the legendary Berengaria Hotel, which is an important reference point for the place and especially for…
Profitability of Cyprus’ systemic banks second strongest in Eurozone in Q2 2023
Profitability of Cyprus’ systemic banks in the second quarter of 2023 was the second strongest in the Eurozone, according to…
Still all in the dark as green taxation in Cyprus soon to come in effect
The Cyprus government keeps cards close to its chest when it comes to upcoming new fuel taxes as part of…
Spanish airline Air Europa hit by credit card system breach
Spanish airline Air Europa said on Tuesday it suffered a cyberattack on its online payment system that let some of…
Crisis in Israel could strike a serious blow to Cyprus’ economy
It’s one blow after another for the Cyprus economy in recent years – mostly from external factors – with the…
Bank of Israel to sell up to $30 bln of forex to stabilise shekel
The Bank of Israel said on Monday it will sell up to $30 billion of foreign currency in the open…
Cyprus Airways waives ticket reissue fee for traveling to & from Tel Aviv
The flight schedule of Cyprus Airways to Tel Aviv continues as normal, while at the same time, the further increase…
Gender gap economist Claudia Goldin wins Nobel prize
American economic historian Claudia Goldin won the 2023 Nobel economics prize for her work examining wage inequality between men and…
Middle East conflict adds new risks to global economic outlook
The outbreak of military conflict in the Middle East may leave central bankers battling new inflationary trends as well as…