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
Major shareholders of Bank of Cyprus seek to sell 15% stake CarVal Investors and Caius Capital appoint adviser; potential buyer includes Greece's Alpha Bank Panayiotis Rougalas 21/06/2024 | BUSINESS
The $10 billion plan to rebuild Cyprus's ghost town New real estate rules in occupied Cyprus aim to curb foreign property ownership Newsroom 17/06/2024 | BUSINESS
Ministry probes public works tenders from 10 years ago Investigation aims to identify problems and implement reforms for smoother project delivery and to fix flaws in the system ... Newsroom 16/06/2024 | BUSINESS
Cyprus sees surge in air travel as summer season takes off Planes arriving nearly full, with passenger numbers climbing daily, says Hermes Airports official Newsroom 14/06/2024 | BUSINESS
Wizz Air increases number of flights from Larnaca, Cluj and Varna The airline is offering unmatched travel options for summer and fall holidays Press Release 13/06/2024 | BUSINESS
US sanctions target Russian-Cypriot connections Penalties expand to include individuals and entities tied to Cyprus amid escalated pressure on Moscow Newsroom 13/06/2024 | BUSINESS
CBC chief warns: Tax on big profits could hurt economy Christodoulos Patsalides urges financial reforms and careful planning, instead of windfall tax on banks Newsroom 12/06/2024 | BUSINESS
Eurobank increases stake in Hellenic Bank to 55.48% Latest acquisition of 240,303 shares for €0.62 million boosts holdings Source: CNA 12/06/2024 | BUSINESS
EU to impose up to 25% tax on imported Chinese EVs The move targets excessive subsidies as European automakers face increased competition Newsroom 12/06/2024 | BUSINESS
