Inflation in Cyprus dropped to 2.6 per cent in July, reflecting a slowdown from the 3 per cent rate observed in both June and May, according to preliminary estimates released by Eurostat on Wednesday.

Households in Cyprus hold more than €56 billion in financial assets, with a significant portion held in cash, deposits, and loans, while also reducing their debt burden, according to a report released on Wednesday by the Central Bank of Cyprus (CBC).

Households in Cyprus hold more than €56 billion in financial assets, with a significant portion held in cash, deposits, and loans, while also reducing their debt burden, according to a report released on Wednesday by the Central Bank of Cyprus (CBC).