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211. The unforgettable night of Epic Xmas Street Fest

Last Sunday evening, December 17, Makarios Avenue in Nicosia witnessed a festive extravaganza as Epic Street Fest - The Xmas Edition took center stage at Spyridakis Square (360 building). ...

212. CBC warns of non-performing loan surge amid economic challenges

The Central Bank of Cyprus (CBC) issued a warning on Monday, cautioning about the potential influx of non-performing loans (NPLs) driven by high-interest rates and inflation, which are impacting households' disposable income and businesses' profitability....

213. Cyprus and the porn industry: High-tech hub exposed

For many years, the Republic of Cyprus, due to its art visa law, served as a hub for white flesh trafficking....

214. Themis Themistocleous signals potential 2024 interest rate cut

In their ''Year Ahead 2024'' forecast, analysts at Swiss financial giant UBS anticipate a slowdown in the strength of the US economy throughout 2023. ...

215. Government seeks €1B via EMNT bond in 2024

Cyprus’ financing needs for 2024 amount to €1.3 billion, largely to be covered by the issuance of a €1 billion EMNT bond, the Finance Ministry’s Public Debt Management Office (PDMO) has said. ...

216. European data shows low interest payouts by Cypriot banks

Cypriot banks rank second to last among European banks in terms of paying interest on total household deposits, according to data released on Wednesday by the European Banking Authority (EBA), as part of its annual risk assessment of the European banking system....

217. One to three-star hotels dominate Greece’s accommodations

Three in four Greek hotels belong in lower categories of one to three stars, representing 50% of the country’s total capacity in terms of rooms, according to data from the Institute of Tourism Research and Forecasts (ITEP) of the Hellenic Chamber of Hotels....

218. Non-performing loans take a €95M dive

As of the end of September 2023, the total Non-Performing Loans (NPLs) in the banking system of Cyprus further decreased to €2.02 billion compared to €2.08 billion at the end of August. ...

219. Chinese elite move billions abroad in economic shift

In a remarkable shift this year, affluent Chinese have moved hundreds of billions of dollars out of the country, capitalizing on the end of COVID precautions that had tightly sealed China's borders for nearly three years....

220. BOC to revitalize former Orphanides building by 2026

Thoughts from the past year and a half are taking concrete form for the Bank of Cyprus, particularly concerning its plans for the creation of a new central headquarters (BOC Headquarters - Q H)....

221. Epic Xmas Street Fest: Nicosia transforms into a foodie wonderland!

Prepare for Epic Xmas Street Fest! Join Epic and Deejay Radio 93.5 for a festive extravaganza on Makarios Avenue, Spyridakis Square (360 building) in Nicosia this Sunday, December 17, from 6:00 PM to midnight....

222. Biden: Playing into Putin's hands on Ukraine aid threat

In a bold statement, President Joe Biden minced no words as he warned Republicans about unwittingly aiding Russian President Vladimir Putin....

223. AstroBank: Residential and commercial properties for sale

AstroBank is selling residential and commercial properties in various areas of Cyprus such as Larnaca, Paphos and Nicosia....

224. Billionaire's great escape? Kolomoiskyi's Cyprus flight sparks alarm

In a twist of legal intricacies, Ukrainian authorities are on high alert following the release of billionaire oligarch Ihor Kolomoiskyi. ...

225. Is the digital Euro the ECB's game-changer or a banks' ally?

The digital euro would not be a threat to the role of banks as financial intermediaries, Constantinos Herodotou, Governor of the Central Bank of Cyprus (CBC) and ECB Governing Council member, has said, stressing that the digital euro will be issued and guaranteed by the ECB and not at the level of the member state....

226. Surge in bounced checks worth €1.6 million in 2023

227. Cypriot bonds hold firm at €6.75 billion amid ECB moves

As of the end of November, data from the Cypriot Central Bank reveals that the Eurosystem maintained its holdings of Cypriot bonds valued at €6.75 billion...

228. Cyprus economy receives positive rating boost

Fitch, the International Rating Agency, upgraded Cyprus' long-term rating to positive, citing economic resilience and fiscal strength. The agency affirmed the 'BBB' rating, previously upgraded in March 2023. ...

229. What about the day after in Gaza? What about the days before?

A colleague of mine asked me the other day a very interesting question. Let's assume, he said, that Israel does manage to destroy Hamas somehow. What's the use? Will it not be revived otherwise in a few years time?...

230. Stylianou's pledge to battle cancer alone at Man of the Year Awards

In a testament to resilience and the strength found in adversity, Petros Stylianou triumphed over a challenging bout with cancer, reshaping his life's purpose to champion those facing a similar ordeal....

231. Meet ''Man of the Year Alex Michaelides''

The renowned Greek Cypriot author, Alex Michaelides, was honored with the Man of the Year and International Cypriot awards at the 22nd Bank of Cyprus Man of the Year Awards 2023 ceremony on December 7....

232. President's birthday surprise at Man Of The Year

The 22nd annual "BANK OF CYPRUS Man of the Year Awards" took place today, Thursday, December 7, at The Royal Hall in Nicosia. Elena Paparizou entertained the guests, while a big surprise awaited the President of the Republic....

233. Alex Michaelides shines as Man of the Year 2023 in glittering awards gala

In a dazzling display of glitz and glamour at The Royal Hall in Nicosia, the 22nd Bank of Cyprus Man of the Year Awards 2023 saw President of the Republic of Cyprus, Nicos Christodoulides,...

234. Unveiling brilliance at the 22nd Bank of Cyprus Man of the Year Awards 2023

The illustrious 22nd Bank of Cyprus Man of the Year Awards 2023 unfolded in all its glory last night, December 7, 2023, at The Royal Hall in Nicosia....

235. Banks fail Menendez's quiz on $4 billion consumer paybacks

In a fiery congressional hearing on Wednesday, Senator Bob Menendez targeted Wall Street's top executives, putting them in the hot seat with a pop quiz on their firms' financial misdeeds....

236. Champions emerge tonight at the Bank of Cyprus Man of the Year Awards

Get ready for an evening of celebration and recognition as the Bank of Cyprus Man of the Year Awards takes center stage at The Royal Hall in Nicosia on Thursday, December 7....

237. December Newsletter of K. Treppides & Co Ltd: CySEC

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....

238. AstroBank: Residential and agricultural properties for sale

AstroBank is selling residential and agricultural properties in all districts of Cyprus. The Bank's listings include houses and apartments, office space, land, and commercial buildings. The available properties are located in urban and rural areas, providing prospective buyers with a wide range of choice to find the one that best meets their needs....

239. 'Ktrends' survey reveals public dissatisfaction with Cyprus government

In a recent economic survey conducted by ''Kathimerini,'' the fifth wave of ''Ktrends'' highlights notable trends in economic, household, and market dynamics for October 2023. ...

240. Christmas in Europe raises terrorism concerns amid Israel-Hamas conflict

EU Home Affairs Commissioner Ilva Johansson issued a stark warning about the escalating risk of terrorist attacks in Europe, attributing it to the polarization fueled by the ongoing Israel-Hamas conflict. ...