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General

North London candidate MPs seek UK Cypriot vote

The populous UK Cypriot community in north London has long been a key target for candidates. The new ones look to convince of there readiness to support the community and the process towards a just settlement to the long-standing Cyprus issue, while t…

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CBC maintains countercyclical buffer rate at 1%

The Central Bank of Cyprus decided to maintain the countercyclical buffer (CCyB) at 1%.

According to a press release, the CBC, in accordance with the provisions of the Macroprudential Oversight of Institutions Laws of 2015 to 2022, deemed appropriate…

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Cyprus retail trade turnover grows in May

Retail trade in Cyprus demonstrated positive growth trends during May 2024, as indicated by the latest data from the Statistical Service of Cyprus. The Turnover Value Index for the retail sector increased by 4.5% compared to May of the previous year. …

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