Day: September 7, 2022

Cyprus President, Nicos Anastasiades, has congratulated the new UK Prime Minister, Liz Truss, noting that he looks forward to working with her to further enhance and deepen the bilateral relationship between Cyprus and the UK.”Cyprus and the UK share h…

The Cyprus problem, security in the Eastern Mediterranean region, the migration issue and other important challenges facing the European Union were the main topics of discussion at a meeting between the President of the House of Representatives Annita …

US-based equity fund Lone Star said it is considering options with regard “to the possibility of making a revised offer proposal to the Board of the Bank of Cyprus.”The Board of Bank of Cyprus, Cyprus’ largest lender, has turned down three take – over …

Employment in Cyprus increased by 1.9% in the second quarter of 2022, in comparison to the corresponding quarter of the previous year, reaching 458,706 persons. However, actual working hours increased by 5.2% on the same period and are estimated at 207…

The European Commission Representation in Cyprus would like to invite you to the official launch of the only Bi-Communal Europe Direct Centre in Cyprus, starting its operations at the Ledra Palace Area on 8 September at 19:00.The new Europe Direct was …

We are facing an extraordinary situation, because Russia is an unreliable supplier and is manipulating our energy markets.Our unity and our solidarity will ensure that we will prevail!We have increased our preparedness and weakened Russia’s grip on our…

Cyprus is fully aligned with EU decisions as regards the Russian invasion to Ukraine, House President Annita Demetriou underlined to German parliamentarians.Demetriou, who wraps up on Wednesday a working visit to Berlin, met yesterday separately with …

The Commission welcomes the political agreement between the co-legislators on a Joint Roadmap on the Common European Asylum System and the New Pact on Migration and Asylum. This confirms the joint commitment to take all necessary steps towards the adop…

Rating agency S&P Global Ratings raised its long-term issuer credit rating on Bank of Cyprus (BoC) to ‘BB-‘ from ‘B+’, citing improvements in the bank’s asset quality and easing of economic risks.The upgrade of the r…

The European Commission has today proposed a further €5 billion in macro-financial assistance (MFA) loans to Ukraine as the second part of the exceptional MFA package of up to €9 billion announced in the Commission’s communication of 18 May 2022 and en…