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
Eurobank boosts stake in Hellenic Bank with over 500,000 shares Eurobank solidifies its position in Hellenic Bank with a significant share purchase, signaling confidence in the banking ... Source: CNA 11/06/2024 | BUSINESS
Alphamega Hypermarkets ''Play Ball'' giving away gifts for the Euro 2024 The chain welcomes Europe’s Football Tournament by giving away a car and a series of amazing offers Press Release 11/06/2024 | BUSINESS
Cyprus trade deficit shrinks by €708 million Significant drop in imports drives improvement in first four months of 2024 Newsroom 10/06/2024 | BUSINESS
Fitch upgrades Cyprus to 'BBB+' Credit rating boost reflects improved financial stability and strong fiscal performance Newsroom 08/06/2024 | BUSINESS
Passenger traffic up at Larnaca and Paphos airports amid drop in hotel bookings Cyprus sees air travel growth while Paphos hotels face 10% decline; Tourism Ministry introduces ''Historic Hotels of Cyprus'' ... Newsroom 07/06/2024 | BUSINESS
Eurobank's 'egg - enter grow go' wins top EBAN award for 2024 A significant European distinction for Eurobank's business accelerator Press Release 06/06/2024 | BUSINESS
Work halted from 12pm - 4pm due to heatwave Labor Department issues directive to halt outdoor work during peak heat hours Newsroom 06/06/2024 | BUSINESS
Enjoy summer savings: Up to 50% off with Wolt+ weeks Wolt+ unveils exclusive summer discounts! Press Release 06/06/2024 | BUSINESS
Cyprus's electricity outlook brightens with ''Great Sea Interconnector'' Study shows potential cost savings and path forward for Cyprus's energy future Apostolos Tomaras 05/06/2024 | BUSINESS
