BANKS Eurobank’s €1.3B move creates Cyprus’ largest bank Newsroom Eurobank Group’s €1.3 billion investment in Hellenic Bank is set to reshape Cyprus' banking landscape, creating the country’s largest financial institution with total assets of €27.5 billion. READ MORE
Green oasis or business hub? The fight over Nicosia’s State Fair site Locals and officials want a park, but the government has other plans. Dorita Yiannakou 20/02/2025 | BUSINESS
Sklavenitis reopens first renovated Papantoniou supermarket in Engomi After a complete overhaul, the Engomi store is the first of nine to transition to the Sklavenitis brand, with plans for ... Dorita Yiannakou 19/02/2025 | BUSINESS
Government announces minimum wage increase for hotel workers Thousands of low-wage employees to benefit from over 10% salary boost as part of broader labor market growth initiatives. ... Newsroom 19/02/2025 | BUSINESS
Cyprus court halts sale of mortgaged property Ruling sets new precedent for borrowers Newsroom 18/02/2025 | BUSINESS
Bank of Cyprus posts €508M profit for 2024 The bank's strong financial performance includes a record dividend and share buyback plan, highlighting growth and stability ... Newsroom 18/02/2025 | BUSINESS
Lidl Cyprus goes ahead with new additional financial benefits of €450,000 The company further strengthens the income of its employees while at the same time establishing the minimum wage at €1,220 ... Press Release 17/02/2025 | BUSINESS
Trump’s ‘tit-for-tat’ tariffs are trading jabs in the global market Trump targets global trade with new tariff plan Source: BBC 14/02/2025 | BUSINESS
Big US companies borrowing in Europe to save money Lower interest rates make euro debt a cheaper option than borrowing in the US. Newsroom 14/02/2025 | BUSINESS
€122M boost for Famagusta: 30 new projects announced President Christodoulides unveils major development plans to improve infrastructure, economy, and quality of life in the ... Newsroom 14/02/2025 | BUSINESS
New Bean Bar opens at the University of Nicosia Favourite flavours, moments with friends, gaming and studying at the new specially designed café Press Release 14/02/2025 | BUSINESS
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