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Fitch Ratings has upgraded the Long-Term Issuer Default Rating (IDR) of the Bank of Cyprus (BoC) to BBB- from BB+, assigning a positive outlook.
The Deputy Ministry of Shipping is advancing plans to construct new headquarters on the site of the former ‘Nemitsas’ factory in Limassol, following recently introduced public investment procedures.
Tourist arrivals in Cyprus recorded a year-on-year increase of 7 per cent in February 2025, with an additional 32,865 visitors arriving on the island during the first two months of the year.
Cyprus is growing as a top choice for foreign direct investment (FDI) in Europe, said Invest Cyprus CEO Marios Tannousis. Tannousis addressed an i ...
Following the outbreak of COVID-19 in Cyprus, the Government, in addition to the initial announcements, decided the following measures:
Cyprus is at war with an invisible enemy, Finance Minister Constantinos Petrides said Thursday, suggesting that the state’s package to support the economy amid the coronavirus crisis is one of the biggest in the European Union.
Students abroad can now apply for the 750 euro government grant to cover their expenses as they are not allowed to return to Cyprus for the Easter holidays.
Cyprus registered nine new coronavirus cases on Thursday taking the total of those who have contracted the disease to 67 in less than two weeks, the Health Ministry announced.
Two out of nine patients hospitalised with Covid-19 appear to have recovered, reports said on Thursday.
In total, 128 private doctors have so far answered to the government’s call to offer their services in support of the state sector as part of efforts to tackle the coronavirus crisis, it was announced on Thursday.
A bundle of measures received the government's green light in a bid to curb the economic repercussions of the Covid-19 pandemic.
The Central Bank of Cyprus announced on Wednesday it was relaxing loan origination rules while it freed additional capital amounting to €100 million, bringing the total capital buffer to €1.4 billion.
Cyprus Republic novel coronavirus patients jumped to 58 on Wednesday with nine new cases including another one from the British Bases, the Health Ministry announced.
Cyprus is understood to have 50-55 available ventilators, which are critical in the care of some people suffering from Covid-19, a specialist doctor told the Cyprus Mail.
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