ECONOMY Corporate debt remains high with lower investment activity across non-financial sectors. Photo credit: Unsplash Cyprus reports €29.3 billion negative net financial position, household income climbs in 2024 Newsroom Cyprus closed 2024 with a negative net financial position of €29.27 billion, according to new data detailing macroeconomic indicators by institutional sector. READ MORE
Cyprus Airways launches direct flights to Barcelona The new direct route from Larnaca to Barcelona will operate twice weekly Press Release 03/07/2024 | BUSINESS
Jumbo to open second store in Nicosia this summer Renovations nearly complete for Jumbo's new store in Strovolos Newsroom 03/07/2024 | BUSINESS
Dior bags assembled for €53, sold at €2,600 Italian authorities expose labor exploitation in luxury bag production Newsroom 03/07/2024 | BUSINESS
New pyramid scheme preys on Cypriots promising big profits Authorities are investigating a company called Metamax as users report thousands lost in dubious investment platform Newsroom 03/07/2024 | BUSINESS
AstroBank wins international recognition for the second consecutive year Best Bank in Cyprus for 2024 in Private Banking Press Release 03/07/2024 | BUSINESS
2% of winter visitors to Cyprus stay in occupied areas Survey reveals tourist preferences and patterns, highlighting movement between free and occupied regions Pavlos Neophytou 01/07/2024 | BUSINESS
Zero VAT on essential goods until September 2024 Tax Department's initiative aims to alleviate consumer costs Newsroom 01/07/2024 | BUSINESS
King Jason Zante Invites Guests to Experience the Art of Slow Living Press Release 01/07/2024 | BUSINESS
