TRANSPORT A new air connection between Larnaca and Brussels is set to boost Cyprus’s accessibility as the country prepares to assume the Presidency of the Council of the European Union in January 2026. Strategic link to Brussels: Aegean cleared for takeoff Dorita Yiannakou The Department of Civil Aviation and Aegean Airlines are expected to sign a contract in the coming days to establish direct flights between Larnaca and Brussels (Zaventem Airport). READ MORE
Easter holiday boosts air travel in Cyprus by 26% Over 450 thousand passengers travel through Larnaca and Paphos airports in two weeks Maria Eracleous 05/04/2023 | BUSINESS
KEAN shares sold: New owners to bring fresh ideas and investments KEAN will continue to operate in a new location in Limassol Maria Eracleous 04/04/2023 | BUSINESS
Cyprus raised 1 billion with a 10-year sustainability bond The sustainability bond yielded 4.20% Panayiotis Rougalas 04/04/2023 | BUSINESS
Tourism revenue at €45.6 million in January There was an increase of 61.7% compared to last year's recorded €28.2m in January 2022 Source: CNA 03/04/2023 | BUSINESS
Prem Watsa: 'Greek banks are safer' The CEO of Fairfax Financial says Greek banks have up to twice the capital adequacy of the US – 'We are not going to sell ... Kathimerini Greece Newsroom 03/04/2023 | BUSINESS
Minister of Labor to submit CoLA mediation proposal Yiannis Panayiotou will discuss a potential solution to the Cost of Living Allowance impasse Source: CNA 03/04/2023 | BUSINESS
Cyprus' hourly labor costs below EU average at 19.4 euros According to a report from Eurostat 31/03/2023 | BUSINESS
BP and ADNOC's bold bid for the Leviathan field As the UK and UAE eye a 50% stake, experts debate its impact on Cyprus and beyond 31/03/2023 | BUSINESS
