Moody’s Investors Service has affirmed the deposit ratings of Bank of Cyprus Public Company Ltd, while it has downgraded its Senior Unsecured Medium-Term Note Program to (P)Caa2, from (P)Caa1. The...
Cyprus President Nicos Anastasiades takes part in the 6th MED7 Summit, in Valletta, Malta, on Friday.President Anastasiades, who is accompanied by Government Spokesman Prodromos Prodromou, will have...
14/06/2019
Minister of Labor, Welfare Social Affairs and Equal Opportunities, Zetta Emilianides informed her counterparts of the sub 7% unemployment level reduction in Cyprus and the progress on the fight...
14/06/2019
Moody’s Investors Service has published an updated semi-annual credit opinion on RCB, where it confirms the Bank’s stable financial position in terms of capital and liquidity.According to an RCB...
14/06/2019
Cyprus needs to implement reforms, boost competitiveness and maintain fiscal surpluses, President of the Fiscal Council Demetris Georgiades said on Thursday pointing out that external risks such as...
13/06/2019
"Cyprus regained an investment grade rating in 2018 thanks to strong economic growth, a prudent fiscal policy, and a more resilient financial sector" and "the winding down of Cyprus Cooperative Bank...
13/06/2019
Beer deliveries reached 13.42 million liters between January and May 2019, down 6.4% compared to the same period last year.The decrease is mainly attributed to local consumption in the first five...
13/06/2019
Bratislava has been selected as the seat of the future European Labour Authority (ELA).According to a statement, the capital of Slovakia received 15 votes out of 28.Four EU countries offered to host...
13/06/2019
Governor of the Central Bank of Cyprus Constantinos Herodotou, stressed Wednesday that Cyprus needed to develop a culture of prevention against external uncertainties and risks that could affect the...
13/06/2019
Cyprus recorded the biggest reduction of Non Performing Loand (NPLs) in the EU, by-32.02%, between the 3rd quarter of 2017 and the 3rd quarter of 2018, according to a European Commission report to...
13/06/2019