ECONOMY Governments face mounting pressure as investors demand higher returns on long-term debt. Photo credit: Unsplash Long-term government bonds face growing investor pushback Newsroom Governments around the world are encountering unexpected resistance in the bond markets as long-term debt issuances increasingly struggle to attract investors, marking a break from years of routine fundraising. READ MORE
Cyprus cracks down on prolonged standing in workplaces Nationwide inspections focus on retail and hospitality sectors to ensure compliance with new labor regulations Newsroom 11/11/2024 | BUSINESS
Cyprus GDP and living standards improve, but challenges remain GDP per capita reaches 95% of EU average, while inflation and income inequality remain concerns for the island nation Newsroom 11/11/2024 | BUSINESS
Cyprus trade deficit drops by €1.18 billion as imports and exports decline Lower gap offers potential economic benefits but raises concerns over export slowdown Newsroom 11/11/2024 | BUSINESS
Hellenic Bank and employer's union settle long-running dispute Deal unifies workforce and paves the way for future negotiations, ending months of tension Newsroom 11/11/2024 | BUSINESS
Cyprus fires contractor on stalled Pafos-Polis motorway project Public works department to re-tender contract after delays, disputes over project quality and timeline Newsroom 11/11/2024 | BUSINESS
Coffee Island enters India, sets sights on multinational growth Greek coffee chain expands into India and Egypt, with plans for global growth and new production facilities. Newsroom 07/11/2024 | BUSINESS
SKLAVENITIS Cyprus completes agreement with PAPANTONIOU Supermarkets Press Release 07/11/2024 | BUSINESS
TechIsland, Invest Cyprus team up to attract global tech investment New partnership aims to boost Cyprus’s economy by creating a thriving tech ecosystem that draws foreign companies and talent ... Shemaine Bushnell Kyriakides 06/11/2024 | BUSINESS
Hellenic Bank reports €284.4M profit for 2024 Net interest income soars 20% for Hellenic Bank amid ECB rate hikes Newsroom 06/11/2024 | BUSINESS
Cyprus joins World Travel Market in London with 55 exhibitors Cyprus brings 55 exhibitors to World Travel Market, seeking new tourism partnerships Newsroom / CNA 06/11/2024 | BUSINESS
