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
EY Survey: Energy security concerns reinforce government focus on renewable energy programs 22/06/2022 | BUSINESS
Businesses will be allowed VAT deferment without penalties The EC has approved a €20 mln Cypriot VAT deferral scheme to support businesses affected by the pandemic Source: CNA 21/06/2022 | BUSINESS
20 years of the Cayenne: The ‘third Porsche’ – an extraordinary success story Porsche SUV celebrates its anniversary 21/06/2022 | BUSINESS
Construction materials up by 21.81% in May 2022 A recorded increase of 0.28% compared to the previous month Source: CNA 20/06/2022 | BUSINESS
Bank of Cyprus Drives Sustainable Digital Innovation in Financial Services with Kyndryl The Bank inks Kyndryl for an extended managed services agreement through 2027. 20/06/2022 | BUSINESS
RCB finalizes sale of its loan portfolio to Hellenic The sale not only covers all depositors but leaves RCB with a surplus to use in its daily operations Source: CNA 20/06/2022 | BUSINESS
Cyprus to Greece ferry link launches with great fanfare [VIDEO] The President and various other Ministers and MP's toured the boat and its facilities Source: CNA 20/06/2022 | BUSINESS
Consulco brought together London and Limassol The comparative advantages of the two cities were presented yesterday during Consulco’s hybrid conference. 19/06/2022 | BUSINESS
'Batterygate': Millions of iPhone users could receive compensation The company is accused of deliberately slowing down the performance of older iPhone devices with a tool that is supposed ... Source: BBC 17/06/2022 | BUSINESS
Spanish airline Air Nostrum has just ordered a fleet of airships Air Nostrum President Carlos Bertomeu said that the airships will help his company toward the European Union's "Fit for ... Source: CNN 17/06/2022 | BUSINESS