By Andreas Charalambous The Government of the Republic of Cyprus, following a prolonged dialogue with employers’ associations and trade unions, announced the adoption of a national wide minimum wage.
Cyprus ends mandatory mask wearing as COVID-19 measures eased
A woman walks with her dog at Eleftheria Square amid the coronavirus disease (COVID-19) pandemic in Nicosia, Cyprus April 23, 2021. REUTERS/Yiannis Kourtoglou/Files …
TotalEnergies, Eni announce major Cyprus gas find
TotalEnergies of France and Italy’s Eni on Monday announced a significant natural gas discovery at the Cronos-1 well off Cyprus. The island reported its first natural gas discovery, Aphrodite, in 2011 …
Petrides: S&P upgrade reflects relatively strong performance of Cyprus’ economy
Finance Minister Constantinos Petrides on Saturday welcomed Cyprus’ upgrading by American credit rating agency S&P, which has revised the country’s credit rating from BBB-/A3 to BBB/A2 with a stable …
Petrides: S&P upgrade reflects relatively strong performance of Cyprus’ economy
Finance Minister Constantinos Petrides on Saturday welcomed Cyprus’ upgrading by American credit rating agency S&P, which has revised the country’s credit rating from BBB-/A3 to BBB/A2 with a stable …
Bank of Cyprus concludes exit from Romania by selling batch of nonperforming loans
Bank of Cyprus liquidated its activities in Romania by selling its last portfolio of nonperforming loans and real estate worth roughly EUR 147 mln. The assets were acquired by the APS group in a …
Bank of Cyprus largely saved the economy after 1974
By Evdokimos Xenophontos In 1974 foreign banks were totally unwilling to participate in financing the Cyprus economy. It was up to the banking authorities, the finance ministry and the Bank of Cyprus …
Bank of Cyprus largely saved the economy after 1974
By Evdokimos Xenophontos In 1974 foreign banks were totally unwilling to participate in financing the Cyprus economy. It was up to the banking authorities, the finance ministry and the Bank of Cyprus …
Cyprus says new gas discovery aids Europe’s energy search
A new gas discovery off Cyprus’ southern coast that’s estimated to contain around 2.5 trillion cubic feet of the hydrocarbon bolsters Europe’s efforts to secure …
S&P upgrades Cyprus’ credit rating by one notch
S&P said in a statement released late Friday night that the upgrade reflects the Cypriot economy’s relatively strong performance over the past decade and expects it will continue. S&P revised its …