The average gross monthly earnings of employees during the fourth quarter of 2021, amounted to €2,341 compared to €2,259 during the fourth quarter of 2020, recording an increase of 3.6%.Based on provisional data published by the Statistical Service of …
The President of the Republic, Nicos Anastasiades, said that Cyprus and Italy share strong bonds of friendship during a formal ceremony held at the Presidential Palace on Thursday, receiving the credentials of the new Ambassador of Italy, Ms Federica F…
Cyprus and the German Public Consulting Company, PD on Thursday signed a memorandum of understanding, aiming to set up a consulting company base on the German model.According to a press release issued by the Cypriot Finance Ministry, the MoU was signed…
The President of the Republic, Nicos Anastasiades, expressed his commitment to a settlement of the Cyprus issue during a formal ceremony held at the Presidential Palace on Thursday, receiving the credentials of the new Ambassador of Luxembourg, Elisabe…
Central Bank of Cyprus maintained the countercyclical buffer (CCyB) for banks and investment firms to 0% of the total risk exposure amount for the period 1 April 2022 to 30 June 2022.According to a press release issued by the CBC, the decision was take…
Cypriot health authorities on Thursday reported two deaths due to COVID-19 and 4,349 new cases, bringing the total tally of deaths and infections since the outbreak of the pandemic to 935 and 430,726 respectively.According to a press release issued by …
The non-performing loans rate in the Cyprus banking sector declined to 11.1% of total loans in the end of December 2021 compared with 17.7% in the end of 2020, data released by the Central Bank of Cyprus (CBC) show.NPLs, as defined by the European Bank…
The President of the Republic, Nicos Anastasiades, said that Cyprus and Portugal have excellent and friendly relations, during a formal ceremony held at the Presidential Palace on Thursday, receiving the credentials of the new Ambassador of Portugal, V…