Cyprus is overbanked, and this affects its economy. There are seven local banks operating in Cyprus, according to Central Bank of Cyprus Central Bank of Cyprus statistics. Some experts say there …
Turkey extends operations of energy drill ship off Cyprus until mid-Oct
Turkey said on Tuesday it had extended the operations of its Yavuz energy drill ship in disputed Mediterranean waters off Cyprus until Oct. 12, in a move that could stir tension between the Greek …
Turkey Extends Operations of Energy Drill Ship off Cyprus Until Mid-October
Turkey said on Tuesday it had extended the operations of its Yavuz energy drill ship in disputed Mediterranean waters off Cyprus until Oct. 12, in a move that could stir tension between the Greek …
Cyprus recovery will be slow but steady — S&P
“The process of recovery in Cyprus will be slow … that more non-performing loans will appear in 2021, as the business climate will remain challenging. The sale of a large percentage of …
Sanctions against Turkey over Mediterranean gas drilling wouldn’t achieve much, former EU ambassador says
Turkey, Greece and Cyprus have been at odds over the former’s exploration of energy resources in parts of Eastern Mediterranean waters that both Athens and Nicosia claim are part of their own …
Turkey says U.S. needs to return to neutral stance on Cyprus
Turkey said early on Monday that the United States needed to return to a neutral stance on Cyprus, after Washington and Nicosia signed a memorandum of understanding to create a training centre.
Pompeo in Cyprus says US ‘deeply concerned’ over Turkey energy search
US Secretary of State Mike Pompeo called on Turkey to cease tension-raising activities in the eastern Mediterranean during a visit to Cyprus Saturday, urging all sides to back diplomacy.
The New Tax Treaty With Russia Could Be A Game Changer For Cyprus
The new deal is much less attractive for Russian investors than the previous one, and no one can say for sure that Russian businessmen will keep investing through Cypriot companies.
Cyprus consumers spend more carefully — Association
A month after the implementation of lockdown measures, retail sales in Cyprus experienced a record … But the president of the association also warned business owners to abide by the relevant …
Pompeo To Visit Cyprus, Seek ‘Peaceful’ Solution To Turkey Tension
US Secretary of State Mike Pompeo said Thursday he will visit Cyprus to seek a peaceful solution to mounting Mediterranean tensions as he called on Turkey to pull back its forces. Pompeo will hold …