ECONOMY The year-long trial will evaluate the digital currency's technology, payment systems and user experience before any decision on its launch. Photo credit: Unsplash Cyprus joins ECB digital euro pilot programme Newsroom Cyprus will be among the 19 eurozone countries participating in the European Central Bank's first pilot programme for the digital euro, with testing expected to begin in the second half of 2027. READ MORE
The visionary leader of Pafilia wins at the prestigious Bank of Cyprus Man of the Year Awards Pafilia founder and CEO, Mr Elias Eliades has been awarded a prestigious honor at the 21st Bank of Cyprus MAN OF THE YEAR ... 22/11/2022 | BUSINESS
Electricity theft on the rise Electrocution is a main concern for AEK Source: CNA 22/11/2022 | BUSINESS
Russian officials denied visas for OSCE meeting in Poland Poland refuses to issue visas to Russian officials in order for them to attend the OSCE meeting on December 1-2 22/11/2022 | BUSINESS
Raising the Black Friday bar Expect higher TV sales as a result of the World Cup, as well as more people in the market than last year Maria Eracleous 21/11/2022 | BUSINESS
Cypriot registered ships decrease by 21% due to sanctions Tankers are abandoning EU flags in favor of countries that do not apply US and EU sanctions against Russia Kathimerini Greece Newsroom 21/11/2022 | BUSINESS
Europe rushes to stock up on Russian diesel before ban starts The European Union will ban Russian oil product imports, on which it relies heavily for its diesel, by Feb. 5. Source: Reuters 21/11/2022 | BUSINESS
Ryanair adds five new destinations and a fourth aircraft to its fleet in Cyprus For the summer of 2023, the airline will operate twice-weekly flights from Paphos to Athens, Bordeaux, Naples, Poznan, and ... 21/11/2022 | BUSINESS
World Cup 2022: Solution found for the beer ban in Qatar The winning country will receive beers from Budweiser, which is also a World Cup sponsor Kathimerini Greece Newsroom 21/11/2022 | BUSINESS
Anastasiades: Reduction of tender offers 'not due to lack of trust' Projects are being pushed forward despite various delays, says Anastasiades 18/11/2022 | BUSINESS
'The suspension of foreclosure sales is tragic for the country' Bank of Cyprus' CEO, Panico Nicolaou, explained that as a bank, we are willing and obligated to assist borrowers in need Panayiotis Rougalas 18/11/2022 | BUSINESS