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
One in five financial institutions consider cryptocurrency trading Retail interest in the buying and selling of digital coins exploded last year after prices skyrocketed Source: Reuters 24/04/2018 | BUSINESS
Cyprus hotels in need of staff Hoteliers say foreign students from non-EU countries could be part of solution Newsroom 24/04/2018 | BUSINESS
ECB mulls shelving rules tackling eurozone NPLs The guidelines, which were expected by March, had been presented as a key plank of the ECB’s plan Source: Reuters 23/04/2018 | BUSINESS
Legislation in the works to tax Airbnb rentals in Cyprus Proposal solves taxation but traditional tourism stakeholders still see airbnb as unfair competition Newsroom 23/04/2018 | BUSINESS
Buying Greek property makes sense Greek real estate has regained its appeal for investors, both foreign and domestic Kathimerini Greece Newsroom 23/04/2018 | BUSINESS
Cyprus recovery is being recognised by international agencies Fitch is the latest credit agency to upgrade the country's investment outlook Newsroom / CNA 21/04/2018 | BUSINESS
Co-op suffered 'nightmare' bank run Top CCB official says withdrawals totalled 1.9 billion in first three months of the year Newsroom 19/04/2018 | BUSINESS
IMF projects Cyprus GDP growth to exceed 4% in 2018-19 GDP is projected to grow by 4–4¼ percent during 2018-19, underpinned by a pipeline of mainly foreign-funded, large construction ... Newsroom / CNA 18/04/2018 | BUSINESS
CNN video peeks at Cypriot EU passports for Russians Video journal shows how cash and politics shape the citizenship market on the island Newsroom 17/04/2018 | BUSINESS
FinMin: Revenue from NPLs management will repay cost of support to Co-op Harris Georgiades said that pressure on the banking system by the European supervisory authorities is continuous Newsroom / CNA 17/04/2018 | BUSINESS
