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
Unemployment in Cyprus hits record low in May Decline attributed to key sectors and reduced newcomers in labor market Newsroom / CNA 05/06/2024 | BUSINESS
New app brings Aphrodite myth to life in Paphos Explore ancient sites with augmented reality and interactive tours in multiple languages Newsroom 04/06/2024 | BUSINESS
Electricity interconnector could save households up to €400 €1.9B interconnector promises €400 annual savings for Cypriot homes Newsroom 04/06/2024 | BUSINESS
900 tourists in Cyprus affected by FTI Group bankruptcy 30,000 expected visitors impacted; 160 hotels and businesses affected Newsroom 04/06/2024 | BUSINESS
Banks record fewer bounced checks in May Bounced checks fall to 23 compared to 35 in May of last year Newsroom 04/06/2024 | BUSINESS
Cyprus and Egypt sign agreement to employ Egyptian workers New deal aims to regulate and facilitate Egyptian employment in Cyprus Newsroom 04/06/2024 | BUSINESS
Unpaid debts from FTI Touristik bankruptcy threaten Cyprus hotels FTI Touristik's collapse hits Cyprus and Greece hard Newsroom 04/06/2024 | BUSINESS
Profits soared in Cyprus banking sector in 2023 Higher interest rates and cost-cutting measures were the catalysts for financial success in 2023 Newsroom 03/06/2024 | BUSINESS
The top 25 airlines soaring above the rest Qatar airways reclaims its position as world's best airline in 2024 Newsroom 03/06/2024 | BUSINESS
Athens welcomes Nine Athens Hotel, a Treppides project Nine Athens Hotel opens doors in vibrant heart of Greek capital Press Release 30/05/2024 | BUSINESS
