ENERGY Bold political strategy and regional investments show that grid resilience requires more than technological fixes. Photo credit: Augustas Didžgalvis/Wikipedia Baltic nations decouple from Russian grid to offer Cyprus an energy blueprint Energy resilience requires more than just technological solutions. It demands a long-term strategy that brings together political will, institutional cooperation, investment, and ongoing risk assessment. READ MORE
US sanctions target Russian-Cypriot connections Penalties expand to include individuals and entities tied to Cyprus amid escalated pressure on Moscow Newsroom 13/06/2024 | BUSINESS
CBC chief warns: Tax on big profits could hurt economy Christodoulos Patsalides urges financial reforms and careful planning, instead of windfall tax on banks Newsroom 12/06/2024 | BUSINESS
Eurobank increases stake in Hellenic Bank to 55.48% Latest acquisition of 240,303 shares for €0.62 million boosts holdings Source: CNA 12/06/2024 | BUSINESS
EU to impose up to 25% tax on imported Chinese EVs The move targets excessive subsidies as European automakers face increased competition Newsroom 12/06/2024 | BUSINESS
Cyprus faces market uncertainties as exit plans delayed again Political turmoil and market volatility pose challenges for economic strategy Newsroom 12/06/2024 | BUSINESS
Eurobank boosts stake in Hellenic Bank with over 500,000 shares Eurobank solidifies its position in Hellenic Bank with a significant share purchase, signaling confidence in the banking ... Source: CNA 11/06/2024 | BUSINESS
Alphamega Hypermarkets ''Play Ball'' giving away gifts for the Euro 2024 The chain welcomes Europe’s Football Tournament by giving away a car and a series of amazing offers Press Release 11/06/2024 | BUSINESS
Cyprus trade deficit shrinks by €708 million Significant drop in imports drives improvement in first four months of 2024 Newsroom 10/06/2024 | BUSINESS
Fitch upgrades Cyprus to 'BBB+' Credit rating boost reflects improved financial stability and strong fiscal performance Newsroom 08/06/2024 | BUSINESS