Nicosia: The total outstanding balances of loan agreements managed by Credit Acquiring Companies (CACs) in Cyprus reached £19.351 billion by the end of 2025, with an overwhelming 94% classified as Non-Performing Loans (NPLs).
According to Cyprus New…
Brussels: European leaders, including President Macron, Prime Minister Meloni, Chancellor Merz, and others, have expressed their support for the recently concluded two-week ceasefire between the United States and Iran. This agreement, facilitated by P…
Cyprus: Cyprus’ Foreign Minister Constantinos Kombos on Wednesday emphasized the necessity of full ceasefire implementation and immediate de-escalation in separate telephone conversations with his counterparts from Israel and Lebanon.
According to Cy…
Cyprus: Cyprus’ public debt is expected to fall to around 50% of GDP by the end of the year, marking one of the biggest reductions in the European Union, Finance Minister Makis Keravnos said on Wednesday, while expressing confidence that the country c…
London: Deputy Minister of Tourism Costas Koumis said that the situation regarding tourism “is not easy” and that dedication is required, along with a weekly analysis and specific actions from the entire tourism sector. “If these are implemented, we c…
Nicosia: Cyprus aims to reach an agreement by the end of April for the exploitation of its natural gas resources by 2027, President Nikos Christodoulides announced on Wednesday. He emphasized that energy costs present a significant challenge for the g…
