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
Revenue from tourism reached pre-COVID levels in October 2021 October recorded the largest influx of tourists into Cyprus since the onset of the pandemic Source: CNA 12/01/2022 | BUSINESS
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Cyprus expected to introduce a national minimum wage by the end of January 2022 Expected to be between 45% - 60% of the national median salary of 1,573 euros Panayiotis Rougalas 10/01/2022 | BUSINESS
University of Nicosia Joins the European University Alliance NEOLAiA as a Full Member Rector Pouyioutas: ''We are creating an innovative European University, with campuses across nine European countries.'' 10/01/2022 | BUSINESS
Cyprus' Foreign Minister Nikos Christodoulides steps down With effect from Tuesday, Juanuary 11, 2022 Source: CNA 09/01/2022 | BUSINESS
NPLs in Cyprus decrease €722 million at the end of September According to data released by the CBC Source: CNA 07/01/2022 | BUSINESS
Cypriot economy will continue to recover output lost during 2020 According to the Central Bank of Cyprus Source: CNA 05/01/2022 | BUSINESS
A record 4.5 million Americans quit their jobs in November The 'Great Resignation' continues Source: CNN 04/01/2022 | BUSINESS
BlackBerry: End of an era as company pulls plug on iconic handsets The company itself now provides security software and had been maintaining support for the devices 04/01/2022 | BUSINESS
