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
'Resistance to change is the main issue in digital transformation' Deputy Minister Kyriacos Kokkinos presented his Deputy Ministry’s budget for 2023 and the work it has carried out during ... Source: CNA 01/11/2022 | BUSINESS
Emirates to resume daily operations to Cyprus The Malta-Larnaca-Dubai route is served by the airline’s wide-body Boeing 777-300ER aircraft – the largest passenger plane ... 01/11/2022 | BUSINESS
1.6 billion Euros in revenue in the first eight months Tourism revenues in August 2022 increased by 46.7% to €399.7 million from €272.5 million in August 2021. 31/10/2022 | BUSINESS
Moniatis' Grand Chalet is looking for a millionaire buyer The project is located near Platres and can be used as a permanent or holiday home Maria Eracleous 31/10/2022 | BUSINESS
ECB raises interest rates by 0.75%. Banks' access to cheap liquidity is restricted. 27/10/2022 | BUSINESS
Slight decrease of tourist beds in the EU in 2021, Cyprus remained stable Eurostat reported this slight decrease compared to 2019 Source: CNA 27/10/2022 | BUSINESS
Cyprus has come a long way in restoring reputation over anti-money laundering issues US Ambassador Judith Garber stated at EY's Cyprus Attractiveness Forum Source: CNA 27/10/2022 | BUSINESS
