Αnother two people dead from COVID-19 in Cyprus, 16 new confirmed cases on Friday

Cyprus authorities announced on Friday that another two people have lost their lives from COVID-19, while another 16 new cases were confirmed.

This means that in total five people have died from the disease so far, while the number of …

Cyprus House plenary approves laws to tackle the effects of COVID-19 pandemic

The Cyprus House Plenary approved on Friday, by urgent procedure, ten bills concerning the measures aiming to contain the pandemic of coronavirus(COVID-19) and ti support the economy and the society.

Out of twenty one MPs who were present at today’s …

Bad loans in the Cyprus banking system at €9.42 billion in November 2019

Non-performing exposures in the Cyprus banking system amounted to €9,418 million in November 2019 recording an NPE rate of 28.5% of total loans, data released today by the Central Bank of Cyprus (CBC) show.

According to the CBC, total NPEs …

Economic sentiment deteriorates in March reflecting the initial impact of coronavirus pandemic

Economic sentiment in Cyprus deteriorated markedly in March 2020, as the Economic Sentiment Indicator (ESI-CypERC) decreased by 12.1 points compared with February 2020, reflecting the initial impact of the coronavirus pandemic on the Cypriot economy.

According to a press release …

Cypriot bonds yields return on downward path following volatility due to COVID19

Cypriot bond yields in secondary markets returned on a downward path, following the recent market volatility due to investor fears as a result of the coronavirus pandemic.

The decline is mainly attributed to the ECB’s decision to remove issuer limits …

Cyprus Stock Exhange

The Cyprus Stock Exchange (CSE) All Share Index closed at today`s stock exchange meeting as follows:

MEETING DATE: 27/03/2020

INDICES BASE VALUES: FTSEMed=5000, OTH

EURO (€)

TRADED VALUE 250,228.22

INDEX   VALUE %DIFF.  VALUE

FTSE/CySE 20     28.490   -0.970    249,428.420

MAIN …