May 28, 2020

Cyprus announces new economic package to boost economy

Nicosia - President Nicos Anastasiades announced in a televised address last night a new set of economic measures to help businesses, the self-employed and employees soften the devastating financial effects of the coronavirus (Covid-19) pandemic.…
May 05, 2020

Covid-19 gone from Cyprus in late May

Singapore - A Singapore University of Technology and Design study predicted that the Covid-19 virus will be eradicated in Cyprus in the second half of May. In a study published on 28 April, the University…

News Archive

March 16, 2020

Cyprus in state of emergency

Nicosia – The Cyprus government declared yesterday a state of emergency due to the coronavirus (Covid-19) pandemic and essentially locked down the country. In… Click here to read more.
March 05, 2020

2nd place for Cyprus in Cuban cigar competition

Havana - Cyprus secured a respectable second place in the finals of the 3rd Habanos World Challenge cigar competition that took place in Havana,… Click here to read more.
March 04, 2020

Unemployment in Cyprus drops to 6.3%

Nicosia - The number of unemployed persons in the 4th quarter of 2019 amounted to 6,3% of the labour force or 28.481 persons, according… Click here to read more.
February 19, 2020

Cayman Islands on tax-haven blacklist

Brussels - British overseas territory the Cayman Islands has been placed on an EU tax-haven blacklist, along with Palau, Panama, and the Seychelles. The… Click here to read more.
February 06, 2020

Cyprus ranked 36th most expensive nation to live in

New York - Cyprus ranked in as the 36th most expensive nation to live in, according to a recent survey by New York-based CEOWORLD… Click here to read more.
January 04, 2020

Total Deposits at €48.6bln in November 2019

Nicosia - Total deposits in Cyprus reached €48.6 billion in November 2019, while outstanding loans €34.2 billion, the Central Bank of Cyprus announced last… Click here to read more.