Nicosia: The economic sentiment in Cyprus improved further in July 2026, with the Economic Sentiment Indicator (ESI) increasing by 0.7 points compared to June, the Economics Research Centre (CypERC) at the University of Cyprus reported on Friday.
Ac…
Nicosia: The Central Bank of Cyprus (CBC) has set the reference interest rate, as provided for under Article 314A of the Cyprus Criminal Code, at 11.32%, according to an announcement issued on Friday.
According to Cyprus News Agency, the reference r…
Nicosia: Households’ financial assets in Cyprus amounted to £65.3 billion at the end of March 2026, while household debt stood at £20.1 billion, according to the Quarterly Financial Accounts published on Friday by the Central Bank of Cyprus (CBC).
A…
Nicosia: The risk of forest fires breaking out and spreading on Saturday, August 1, will remain at a ‘Red Alert’ level, the Department of Forests announced in a press release on Friday.
According to Cyprus News Agency, the Department of Forests emp…
Nicosia: House President Annita Demetriou, during a meeting with Portugal’s Ambassador Carmen Silvestre, emphasized the crucial nature of the recent visit to Cyprus by UN Secretary-General Antonio Guterres and European Commission’s Executive Vice-Pres…
Nicosia: The recent monetary policy cycle of the European Central Bank (ECB) has significantly altered the composition of bank lending in Cyprus, with longer-term fixed-rate loans becoming the dominant form of new lending, particularly in the housing …
