New loans to corporations and households amounted to €3.19 billion in 2019 marking a slight annual increase attributed to large corporate credit of over €1 million.

EU Commissioner for Health and Food Safety Stella Kyriakides on Tuesday – World Cancer day – launched an EU-wide public consultation on a Beating Cancer Plan to help shape the plan, identify key areas, and explore future action.

Cyprus has the lowest number of deaths from cancer among EU member states, the latest Eurostat figures show.

ust over eighteen months into construction, the concrete foundations of Trilogy’s two front towers – West Tower and East Tower – have been poured and both towers are now climbing above ground level. Piling of the North Tower has also been completed. Construction of the basement parking areas, waterproofing and piling of the Private Oasis are ongoing.

Average wages in six European Union countries including Cyprus are lower than 10 years ago, while in another three countries they are practically unchanged according to figures published by the European Trade Union Confederation (ETUC) on Monday.

The euro area (EA19) seasonally-adjusted unemployment rate was 7.4% in December 2019, down from 7.5% in November 2019 and from 7.8% in December 2018 and this the lowest rate recorded in the euro area since May 2008, according to data released today by Eurostat the statistical service of the EU.

The traffic control system software called ‘SCOOT’, a network used to maintain safe movements on roads, will be upgraded, Transport Minister Yiannis Karousos has said.

On Monday afternoon Cyprus will be ready to begin conducting specialised coronavirus tests, Health Minister Constantinos Ioannou said.

The head of the private hospitals’ association Pasin on Monday signed the long-awaited memorandum with the health insurance organisation (HIO) which forms the basis of negotiations for private clinics to enter Gesy.

Geopolitical uncertainty and trade tensions heavily impacted the 2019 IPO landscape, pushing overall IPO activity down in terms of deals and proceeds. 2019 has registered 1,115 IPOs with proceeds of US$198b – a 19% fall in deal volume and a 4% decrease in proceeds compared with 2018. However, as US-China-EU trade tensions, concerns about economic growth and other geopolitical issues – including Brexit and social unrest in Hong Kong – subside, a healthy increase in IPO activity is expected in 2020, particularly in the first half of the year, as markets are expected to become more volatile leading up to the US Presidential elections.