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
Netflix programming binge pays off with subscriber surge Blitz of original programs attracted a surprisingly high 7.4 million new customers from January to March Source: Reuters 17/04/2018 | BUSINESS
Cobalt offers new business class fares Travellers between Cyprus and Athens get lower fares and upgraded comfort this summer Newsroom 16/04/2018 | BUSINESS
Greek banks seen passing ECB's stress tests The results of which will be published in May, the chief executive of the country’s second-biggest lender National Bank ... Source: Reuters 16/04/2018 | BUSINESS
Scholz seen to pick up where Schaeuble left off Discussions on debt relief measures can only begin after a debt sustainability analysis Newsroom 13/04/2018 | BUSINESS
Banks in Cyprus, Greece and Portugal may need further reserve build-up Fitch said asset quality at EU banks is likely to continue improving in 2018 and 2019, helped by economic growth Newsroom / CNA 13/04/2018 | BUSINESS
In Cyprus cash is king Cyprus and Greece top the list of using traditional dough for money transactions Newsroom 13/04/2018 | BUSINESS
Georgiades makes a “good case” for Co-op sell-off Cyprus Cooperative Bank at a crossroads with two options on the table Newsroom 12/04/2018 | BUSINESS
House prices in Cyprus increased 2.7% on a quarterly basis The quarterly rise in property prices is among the highest in the European Union Newsroom 11/04/2018 | BUSINESS
Alpha Cyprus gets new owner Seven million deal makes no noticeable changes for viewers Newsroom 11/04/2018 | BUSINESS
Tesco beats guidance with 28 percent full-year profit increase The supermarket group made an operating profit before exceptional items of 1.644 billion pounds Source: Reuters 11/04/2018 | BUSINESS