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751. Tourist arrivals at an all time high

752. Hemp farmer arrested for growing cannabis

A licenced hemp farmer in Limassol has been arrested for growing 120 cannabis plants in violation of industrial hemp regulations...

753. Eurostat confirms Cyprus 1.8% budget surplus

754. Fitch Ratings upgrades Cyprus to investment grade

755. Tourist arrivals hit record high in September

Tourist arrivals in Cyprus recorded a historic high in September 2018 and in the first nine months of the year staying above the 3 million mark...

756. Alpha Bank Cyprus unloads NPLs worth €400 million

757. Astrobank in talks to buy National Bank of Greece Cyprus unit

758. August tourist arrivals highest ever

The Cyprus Tourism Organization says tourist arrivals on the island have never been better for the month of August until this year, as new countries are filling the void created by bigger markets...

759. Hellenic mulls over selling delinquent loans

Hellenic Bank posted a €35 million net profit for the first half of 2018, with the bank’s CEO Ioannis Matsis stating that the bank is ready to launch a tender for the sale of a portfolio of non-performing exposures within the next six months...

760. Seven thousand fewer jobless in one year

The number of registered unemployed in Cyprus decreased in August 2018 by 7,137 people or 23%, compared to August last year...

761. Overall retail rise not overshadowed by slight drop

Retail trade volume in Cyprus dropped by 0.8% in April 2018 compared to March, but rose by 5.8% since a year ago...

762. Cyprus jobless drop in May biggest in the EU

Cyprus recorded the largest unemployment drop in the European Union for May 2018, dropping to 8.4% from 8.6% the previous month...

763. Sales of petroleum products record monthly increase

A press release issued by the Statistical Service of Cyprus says that a rise was recorded in the provisions of Gasoil for Marine use and Aviation Kerosene, as well as in the sales of Heavy Fuel Oil....

764. Booming Cyprus breaks more tourism records

An influx of Russian and British tourists has helped Cyprus break more records for the number of arrivals this year...

765. Some 32% of child asylum seekers are unaccompanied minors

In 2017, 225 unaccompanied minors applied for asylum in Cyprus making up 32.4% of all asylum applications it received, official EU data showed on Wednesday....

766. Cyprus tourism income spikes 13%

Revenue from Cyprus tourism jumped 13% in February compared to last year, official data showed Friday...

767. Cyprus registers biggest dip in unemployment in EU

Cyprus recorded the EU's largest annual dip in unemployment in March, from 12.3% to 9.1% followed by Greece (23.2% to 20.6%, Croatia (11.8% to 9.4%) and Portugal (9.7% to 7.4%), according to Eurostat...

768. Cyprus recovery is being recognised by international agencies

Fitch does not currently anticipate developments with a high likelihood of leading to a downgrade...

769. House prices in Cyprus increased 2.7% on a quarterly basis

Compared with the previous quarter, the highest increases were recorded in Slovenia (+3.7%), Croatia (+3.2%) and Cyprus (+2.7%)...

770. Revenue from tourism spikes 8.5% in January

In January 2018 a decrease of 20.1% was recorded in the expenditure per person of tourists from the UK...

771. More Russians and Brits get CY passports

The biggest group of foreign nationals that obtained Cypriot citizenship in 2016 were Russians, followed by UK nationals, according to Eurostat data that show close to one million foreigners became EU citizens that year....

772. Fitch upgrades Bank of Cyprus covered bonds to 'BBB'

Fitch Ratings has upgraded Bank of Cyprus` outstanding €650 million conditional pass-through (CPT) covered bonds to `BBB` from `BBB-` with a stable outlook, the international credit rating agency has said in a press release....

773. Loans in banking system reach €51.1 billion

Total deposits in February recorded a net decrease of €29.2 million...

774. Economic Sentiment Indicator decreased by 1.6 points in March

The decline resulted from a worsening of business confidence in services, industry, and among consumers...

775. British Bases deal blow to illegal bird trappers

SBA Police feel the high-profile destruction of seized trapping equipment will send out a strong message to the bird trapping community...

776. Cyprus records €0.4 billion negative trade balance

According to the first estimate for the euro area exports of goods to the rest of the world in January was €178.6 billion...

777. Tourist arrivals spike 23.4% in February

Tourist arrivals have hit record highs in every month since March 2017 ...

778. Illegal bird trapping begins to fall

Despite a huge drop in illegal bird trapping, hailed as a big success following an unprecedented crackdown by authorities, experts warn that more work is needed to prevent poachers from upping their game once again....