NPLs in Cyprus' banking system at €2.09 billion in August

Non-performing loans in Cyprus' banking system in August declined by €16 million to €2.089 billion

08:51 - 07 November 2023

Tourism Minister finds positive signs for 2024 at London WTM

Cyprus is being represented by dozens of tourism enterprises and local authorities’ stands

08:47 - 07 November 2023

Cyprus and EIB’s EIF launch island's first-ever Equity Fund

The Fund aspires to cover the financing gap observed in the sector of innovative small enterprises and start-ups

08:36 - 07 November 2023

EIB still considering partly financing the EuroAsia Interconnector

Hoyer’s comments contradict previous reports that the EU’s investment bank does not wish to finance the project

15:04 - 06 November 2023

Greece-Cyprus-Malta trilateral meeting on shipping issues held in Athens

The informal trilateral meeting focused on geopolitical challenges, decarbonisation policies, and improving maritime safety

08:40 - 06 November 2023

Household deposit and lending rates up in September

Interest on deposits from households reached 1.59%, marking a substantial increase from the previous month's 0.88%

09:00 - 03 November 2023

ΕΙΒ President on official visit to Cyprus next week

His visit will mark the establishment and operation of the first Capital Financing Fund on the island

08:40 - 03 November 2023

Inflation decelerated in Cyprus in October

Cyprus' inflation rate showed signs of decelerating in October following two months of increases

14:35 - 02 November 2023

Cyprus delegation presents island’s investment potential in Zurich

Invest Cyprus, CIFA Cyprus and CySEC were in the Swiss city to discuss current climate, forecasts and trends

11:08 - 02 November 2023

Chevron official coming to Cyprus ahead of Aphrodite deadline

Clay Neff will meet with both the President of the Republic and the Minister of Energy

09:20 - 02 November 2023

The ten major projects set to transform Cyprus’ road network

Expected benefits include economic growth, improved travel quality, safer roads, a reduction in accidents and urban sprawl

08:34 - 02 November 2023

Retail trade turnover value and volume up in September

The Turnover Value Index of Retail Trade for September 2023 increased by 8.6% compared to September 2022

08:02 - 02 November 2023

Cyprus risks losing Israel's market if the war continues, Tourism Minister says

Deputy Minister of Tourism Kostas Koumis noted that Israel was Cyprus' second largest market for tourists

07:58 - 02 November 2023

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Economy

NPLs in Cyprus' banking system at €2.09 billion in August

Tourism Minister finds positive signs for 2024 at London WTM

Cyprus and EIB’s EIF launch island's first-ever Equity Fund

EIB still considering partly financing the EuroAsia Interconnector

Greece-Cyprus-Malta trilateral meeting on shipping issues held in Athens

President expresses support for sustainable development of mountainous regions

Youth unemployment in Cyprus sees annual drop in September

Energy Minister calls on Chevron to 'honour its signature' on Aphrodite deal

Expert suggests over €16 bln will be invested in energy in Cyprus between 2021 - 2030

FinMin says economy is experiencing positive evaluation

Pure new credit increases to €253.8m in September

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