Nicosia: European banks are being held back by over pound 1 trillion in idle capital due to fragmented regulation, CEO of the European Banking Federation (EBF) warned on Wednesday, urging EU policymakers to shift from rigidity to pragmatism to avoid falling behind global competitors. According to Cyprus News Agency, speaking
Changchun: The Cyprus University of Technology (CUT) has taken part in the “Seminar for University Teachers from Belt and Road Initiative Countries” at Northeast Normal University in Changchun, China, from April 28 to May 18, 2025. Representing CUT, researcher Eirini Christou joined 27 participants from 10 countries across four continents
Brussels: Today, the European Commission has proposed to sign and conclude two bilateral agreements for the transfer of passenger name records (PNR) data with Norway and Iceland. These agreements, once effective, will enable Norway and Iceland to receive passenger information from airlines operating between these countries and the EU Member
Nicosia: Cyprus’ economy has shown remarkable resilience and adaptability despite repeated global shocks, while its banking sector continues on a path of stabilisation and strengthening, Central Bank Governor Christodoulos Patsalides said on Thursday. Addressing the Annual General Meeting of the Association of Cyprus Banks, in Nicosia, Patsalides praised the country’s
Limassol: The Cypriot Government has recognized the significance of the audiovisual sector and therefore has launched a range of funding schemes for co-productions and investment programs, whose aim is to boost the local audiovisual industry and to foster international cooperation, President Nikos Christodoulides said on Wednesday, in an address at
Larnaca: Passenger traffic at Larnaca and Paphos airports surpassed, for the first time, 4 million during the period January to May 2025, recording an increase of 12.02% compared to 2024, according to a press release issued by the Ministry of Transport, Communications, and Works. According to Cyprus News Agency, in
