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
Cobalt launches Larnaca-Heathrow flights Cyprus’ largest airline commences daily services to London's biggest airport Newsroom 28/03/2018 | BUSINESS
Guardian criticized over Greek crisis tour Is arranging an “educational and informative tour of modern Greece Newsroom 28/03/2018 | BUSINESS
Ryanair's Jordan schedule takes off from Paphos The airline has released seats at prices starting from just €2 Newsroom 28/03/2018 | BUSINESS
Some 68% of young unemployed Cypriots are unwilling to move for a job In the EU more than half of the young unemployed are not ready to relocate to find work Newsroom / CNA // | BUSINESS
Fitch upgrades Bank of Cyprus covered bonds to 'BBB' However, it points out, «missing income information still results in a DTI Class 5 assumption» Newsroom / CNA 27/03/2018 | BUSINESS
Loans in banking system reach €51.1 billion Adjusting for currency fluctuations, total loans in February exhibited a net increase of €41.2 million Source: CNA 27/03/2018 | BUSINESS
Economic Sentiment Indicator decreased by 1.6 points in March Consumer confidence was driven by downward revisions in consumers’ expectations about their future financial conditions Newsroom 26/03/2018 | BUSINESS
It is pay your taxes time again Government putting final touches for online tax returns Newsroom 23/03/2018 | BUSINESS
Cypriot firm signs $4.2 billion Zimbabwe platinum deal Signing the agreement with Cyprus-based Karo Resources Mines Minister Winston Chitando said work would start in July Source: Reuters 23/03/2018 | BUSINESS
China urges US away from 'brink' of trade war The escalating tensions between Beijing and Washington sent shivers through financial markets Source: Reuters 23/03/2018 | BUSINESS