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
Gold hits historic $1 million per bar milestone Record high prices push gold bars to over $1 million, driven by Central Bank purchases and Fed policy expectations Newsroom 20/08/2024 | BUSINESS
Cyprus finalizes 2025 budget with focus on export growth Finance Minister outlines plans to boost the economy, tap into EU funds, and manage public sector wages. Newsroom 20/08/2024 | BUSINESS
Record 6.6 million passengers from January to July 2024 Passenger traffic set to surpass 1.5 million in August, marking a milestone year for Cyprus tourism Source: CNA 20/08/2024 | BUSINESS
Final decisions on Akamas projects approaching Key issues concerning the road network, timelines, and accountability are coming to a head. Newsroom 19/08/2024 | BUSINESS
Wizz Air launches one-of-a-kind ''All you can fly'' membership Unlimited getaways for the whole year at a limited presale price of €499 Press Release 15/08/2024 | BUSINESS
Paphos man loses €200,000 in online fraud scheme Police investigate scam involving fake investment account, urge caution with electronic transactions Newsroom 15/08/2024 | BUSINESS
Chevron pushing for more concesions on Aphrodite gas field Negotiations with Chevron hit snags as ongoing regional tensions and political pressure make the future of the Aphrodite ... Newsroom 12/08/2024 | BUSINESS
Politico: Cypriot firm linked to Belarusian leader exploits sanctions loophole Investigation uncovers how a Cyprus-based firm allegedly inflated contracts to aid Belarusian potash exports amid EU sanctions ... Newsroom 12/08/2024 | BUSINESS
Cyprus tourism holds steady despite Middle East tensions Visitor numbers and spending up as Cyprus stays popular Newsroom 12/08/2024 | BUSINESS
Trade deficit slashed by 20% in 2024 amid falling imports June sees export surge, while May shows a dip in domestic goods sales Newsroom 09/08/2024 | BUSINESS
