On 18 June 2019, the Central Bank of Cypus (CBC), set the CCyB rate for the period 1 July 2019 - 30 September 2019 at 0% of the total risk exposure amount of:(a) each licenced credit institution and...
Cyprus registers the lowest annual inflation in the EU for April 2019, with 0.2%, according to Eurostat, the statistical office of the European Union.More specifically, euro area annual inflation...
18/06/2019
The borrowing cost of the Republic of Cyprus is continuing its downward trend, as the ten-year bond yield has fallen to historically low levels in recent months. The 10-year Cypriot bond with a 2.38...
18/06/2019
The number of job vacancies rose by 3.001 or 79.8% in the first quarter of 2019 and reached 6.762, compared with 3.761 in the same quarter of the previous year, the Statistical Service of Cyprus...
18/06/2019
Total employment increased by 3.1% in the first quarter of 2019, compared with the same period in 2018, a provisional estimate of the Statistical Service showed on Friday. Cystat said that in the 1st...
18/06/2019
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...
14/06/2019
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