Search

61. Interest rates extended, borrowers face dilemma

Last Thursday, the European Central Bank (ECB) opted to maintain interest rates, extending the uncertainty for borrowers regarding their loans and repayments....

62. Macan sets new standards: the first all-electric SUV from Porsche

63. Deal in the works for CNP Cyprus

The subsidiary of the French insurance giant CNP Assurances, CNP Cyprus Insurance Holdings, is currently in discussions for a potential change in ownership. ...

64. Eurobank expands scholarship program to Cyprus

Eurobank Group is bringing its long-standing ''Forward for Education'' initiative to Cyprus, unveiling a new chapter in the program's 21-year history....

65. Houthi strikes send prices soaring in global trade

In recent weeks, the developments in the Red Sea, with the Houthi attacks on commercial ships and their impact on global trade, have dominated the discussions of suppliers with their partners....

66. Putting the new Macan through its paces in the name of performance and efficiency

Porsche is putting the prototype of the all-electric Macan through an exacting and gruelling test programme to prepare the follow-up to the successful SUV for its upcoming world premiere. ...

67. Allegations of bank interference surrounding reshuffle speculations

In the midst of last week's political reshuffle speculations, with Irene Piki, the current Deputy Minister to the President, being touted as the likely successor to the Finance Ministry, a new leak from the President's office raised eyebrows...

68. EU implements new VAT transparency rules targeting e-commerce fraud

The EU’s new transparency rules against Value-Added Tax (VAT) fraud have come into effect starting on January 1st, the European Commission has announced....

69. New details emerge in Menendez's Qatari bribery allegations

In a complex legal saga, U.S. Senator Bob Menendez finds himself ensnared in deeper troubles as fresh allegations unfold....

70. Landlords urged to be reasonable when pricing rentals

Marinos Keynegirou, the president of the Real Estate Registration Council, warns of escalating prices and dwindling demand in the real estate market's fourth quarter....

71. Half of Cyprus loans vulnerable to Euribor and ECB rates

Half of the loans in Cyprus are "vulnerable" to euribor and the European Central Bank's (ECB) key rates. In 2024 and 2025, we may not expect further increases, but rather possible decreases, according to the Central Bank of Cyprus' Financial Stability Report for 2022....

72. President launches state-sponsored arts opportunities for youth

President Nikos Christodoulides announced the initiation of the much-anticipated youth culture card, marking a significant step towards supporting the arts and engaging young minds in the cultural richness of Cyprus. ...

73. Cyprus and the porn industry: High-tech hub exposed

For many years, the Republic of Cyprus, due to its art visa law, served as a hub for white flesh trafficking....

74. Themis Themistocleous signals potential 2024 interest rate cut

In their ''Year Ahead 2024'' forecast, analysts at Swiss financial giant UBS anticipate a slowdown in the strength of the US economy throughout 2023. ...

75. Government seeks €1B via EMNT bond in 2024

Cyprus’ financing needs for 2024 amount to €1.3 billion, largely to be covered by the issuance of a €1 billion EMNT bond, the Finance Ministry’s Public Debt Management Office (PDMO) has said. ...

76. Non-performing loans take a €95M dive

As of the end of September 2023, the total Non-Performing Loans (NPLs) in the banking system of Cyprus further decreased to €2.02 billion compared to €2.08 billion at the end of August. ...

77. AstroBank: Residential and commercial properties for sale

AstroBank is selling residential and commercial properties in various areas of Cyprus such as Larnaca, Paphos and Nicosia....

78. Billionaire's great escape? Kolomoiskyi's Cyprus flight sparks alarm

In a twist of legal intricacies, Ukrainian authorities are on high alert following the release of billionaire oligarch Ihor Kolomoiskyi. ...

79. Is the digital Euro the ECB's game-changer or a banks' ally?

The digital euro would not be a threat to the role of banks as financial intermediaries, Constantinos Herodotou, Governor of the Central Bank of Cyprus (CBC) and ECB Governing Council member, has said, stressing that the digital euro will be issued and guaranteed by the ECB and not at the level of the member state....

80. What about the day after in Gaza? What about the days before?

A colleague of mine asked me the other day a very interesting question. Let's assume, he said, that Israel does manage to destroy Hamas somehow. What's the use? Will it not be revived otherwise in a few years time?...

81. Stylianou's pledge to battle cancer alone at Man of the Year Awards

In a testament to resilience and the strength found in adversity, Petros Stylianou triumphed over a challenging bout with cancer, reshaping his life's purpose to champion those facing a similar ordeal....

82. Alex Michaelides shines as Man of the Year 2023 in glittering awards gala

In a dazzling display of glitz and glamour at The Royal Hall in Nicosia, the 22nd Bank of Cyprus Man of the Year Awards 2023 saw President of the Republic of Cyprus, Nicos Christodoulides,...

83. AstroBank: Residential and agricultural properties for sale

AstroBank is selling residential and agricultural properties in all districts of Cyprus. The Bank's listings include houses and apartments, office space, land, and commercial buildings. The available properties are located in urban and rural areas, providing prospective buyers with a wide range of choice to find the one that best meets their needs....

84. 'Ktrends' survey reveals public dissatisfaction with Cyprus government

In a recent economic survey conducted by ''Kathimerini,'' the fifth wave of ''Ktrends'' highlights notable trends in economic, household, and market dynamics for October 2023. ...

85. Christmas in Europe raises terrorism concerns amid Israel-Hamas conflict

EU Home Affairs Commissioner Ilva Johansson issued a stark warning about the escalating risk of terrorist attacks in Europe, attributing it to the polarization fueled by the ongoing Israel-Hamas conflict. ...

86. ''The path to fighting inflation is difficult''

In an insightful dialogue about the economic landscape, Joachim Nagel, a prominent figure in the financial realm and a member of the ECB Governing Council, shares his perspectives on inflation, interest rates, and the challenges facing the European economy....

87. Government to appeal Limassol court granting compensation for Laiki Bank depositors

In a significant legal development, the Attorney General of the Republic of Cyprus is set to file an appeal against the recent decision of the Limassol District Court....

88. Citizen pays 500 euros fine in coins at Limassol court

In an extraordinary turn of events at the Limassol Court on Tuesday morning, a routine fine payment took an unexpected and unconventional route, leaving court officials and onlookers in disbelief....

89. Residential properties for sale by AstroBank

AstroBank is selling residential properties as well as a shop in various areas of Cyprus such as Larnaca, Paphos, Nicosia and Famagusta....

90. Nigerian gang exploits Facebook connections in elaborate scam

Greek authorities have dismantled a criminal organization consisting of Nigerian and Sierra Leonean nationals accused of duping women out of substantial sums of money through an elaborate online scam....