Cyprus Minister of Foreign Affairs Nikos Christodoulides and the EU chief negotiator for Brexit Michel Barnier said the approval of the withdrawal agreement is the only way to secure the UK’s orderly...
DBRS rating agency says that Cyprus faces significant credit challenges related to still sizable non-performing exposures (NPEs) in the banking sector, high levels of private and public sector debt,...
21/05/2019
Michel Barnier, the EU chief negotiator for Brexit, reiterated on Monday the European Union readiness to respond accordingly in case Turkey carries out illegal hydrocarbon drilling activities, noting...
20/05/2019
The European Commission’s Director-General for Research and Innovation Mr. Jean-Eric Paquet will be in Cyprus this week, on May 21st and 22nd.Mr Paquet will meet the Minister of Finance Mr. Harris...
20/05/2019
Finance Minister, Harris Georgiades, said on Sunday that the confirmation of Cyprus’ credit rating by Canadian rating agency DBRS was a positive development. DBRS confirmed on Saturday Cyprus’s Long-...
20/05/2019
Canadian rating agency DBRS confirmed Cyprus’s Long-Term Foreign and Local Currency at BBB (low) with a stable trend. “The confirmation of the stable trend reflects DBRS’s view that while the Cypriot...
20/05/2019
The longstanding close and friendly relations between Cyprus and Russia at all levels were reconfirmed during a meeting President of the House of Representatives Demetris Syllouris held on Friday...
17/05/2019
Cyprus President Nicos Anastasiades briefed on Friday a delegation of the Network of the Presidents of the Supreme Judicial Courts of the European Union about Turkish violations of the international...
17/05/2019
The euro area annual inflation rate was 1.7% in April 2019, up from 1.4% in March 2019, according to Eurostat, the statistical office of the European Union. A year earlier, the rate was 1.2%....
17/05/2019
Tourist arrivals in April this year increased by 4.8% on an annual basis, recording a historic high for the month, data released by the Statistical Service, on Friday, show. A small annual increase...
17/05/2019