Loan renegotiations spike to record levels
07:38 - 09 Αυγουστου 2023
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Economy
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Bounced cheques amounted to €112,717 in July
During the first seven months of the year there were 233 bounced cheques with a total value of €615,810
15:00 - 08 Αυγουστου 2023
CMMI: Agreement for blue economy training programmes
It has signed a Memorandum of Understanding with the Human Resource Development Authority
09:30 - 07 Αυγουστου 2023
June industrial producer prices up in Cyprus, down in EU
Prices in Cyprus increased by 0.1% compared with May, while decreasing by 0.4% in both the Eurozone and the EU
10:04 - 04 Αυγουστου 2023
2024 state budget to be submitted to Cabinet in mid-September
It will be the first annual state budget under the government of Nikos Christodoulides
09:36 - 04 Αυγουστου 2023
Registered unemployed down 6.8% y-o-y in July
Unemployed persons registered at the District Labour Offices on the last day of July reached 13,187, down by 958
09:06 - 04 Αυγουστου 2023
Union ETYK welcomes Hellenic Bank changes
The bank employees’ union said it hoped this will finally put the bank back on track
09:00 - 04 Αυγουστου 2023
Inflation hits 28-month low in July
It rose at a rate of 1.5%, the slowest since March 2021
08:05 - 04 Αυγουστου 2023
Antonis Rouvas: Hellenic’s business model is resilient despite the challenges
Hellenic Bank’s interim CEO said he wants to promote changes and focus on longstanding issues
13:19 - 03 Αυγουστου 2023
Paphos to upgrade its tourism offering
The executive director of the town’s regional tourism board said "intensive efforts" are underway
12:02 - 03 Αυγουστου 2023
Banks grant €1.73b pure credit in H1 amid rising rates
However, pure new credit dropped significantly in June to €240m from €546m the month before
09:24 - 03 Αυγουστου 2023
June unemployment down y-o-y
Unemployment in Cyprus stood at 4.8% in June, compared with 7.3% in the same month last year
09:03 - 03 Αυγουστου 2023
Just over 400 ships sailed from Turkey to Cyprus in three years
The Ports Authority said this was indicative of how impactful Turkey’s embargo is on Cyprus shipping
08:53 - 03 Αυγουστου 2023
June sees sharp deposit rate hike
Despite the June increases, interest rates for deposits remain among the lowest in the Eurozone
08:29 - 03 Αυγουστου 2023
Invest Cyprus on the lookout for a Deputy Director General
The successful candidate will benefit from a competitive remuneration and benefits package
14:54 - 02 Αυγουστου 2023
Eurobank Cyprus: Strong capital adequacy and profitability in H1 2023
The Bank’s net profit after tax reached €90.8m in the first half of 2023
10:00 - 02 Αυγουστου 2023
Retail turnover up 8.4% in value, 6.4% in volume in June
The Turnover Value Index of Retail Trade for June 2023 increased by 8.4%
15:30 - 01 Αυγουστου 2023
AstroBank appoints Popi Stylianou as its new CFO
Stylianou has previously held senior positions in some of Cyprus’ leading institutions
13:51 - 01 Αυγουστου 2023
Oliver Gatzke leaves Hellenic Bank
CFO Antonis Rouvas stands in as Interim CEO, as Gatzke is placed on garden leave with full pay - effective immediately
10:14 - 01 Αυγουστου 2023