Nicosia: New lending in Cyprus recorded a substantial increase in March 2025, with pure new loans reaching £658.2 million, up significantly from £246.1 million in February, according to data published on Tuesday by the Central Bank of Cyprus. According to Cyprus News Agency, the strongest growth was observed in pure
Larnaka: Passenger traffic in April 2025 exceeded one million for the first time, the Ministry of Transport, Communications and Works stressed on Tuesday, adding that the percentage increase, compared to the corresponding period in 2024, amounts to 20.66%. According to Cyprus News Agency, the Ministry of Transport noted that Larnaka
Nicosia: The number of unemployed individuals in Cyprus decreased by 13.1% in April 2025, marking a significant annual reduction. According to Cyprus News Agency, the Statistical Service of Cyprus reported that the total number of unemployed persons registered at the District Labour Offices was 8,118 by the end of April
Nicosia: A marginal decline in Non-Performing Loans (NPLs) was recorded in the latest data published by the Central Bank of Cyprus (CBC) on Tuesday, with reference date 28 February 2025. Specifically, the NPL ratio decreased slightly to 6.2%, from 6.3% in January 2025, mainly due to loan repayments, transfers to
Nicosia: The Board of Directors of the Research and Innovation Foundation (RIF) has announced the appointment of Mr Theodoros Loukaidis as the Director General of RIF for a five-year term following an open selection process. According to Cyprus News Agency, Mr. Loukaidis brings an impressive academic background to the position,
Ramallah: The Republic of Cyprus is prepared to aid in addressing the humanitarian crisis in Gaza, announced President Nikos Christodoulides during his visit to the UNICEF Offices in Ramallah. According to Cyprus News Agency, a press release from the Presidency detailed that President Christodoulides was briefed by UNICEF staff on