Coronavirus Wipes Out Cyprus Tourism for March, Effect Feared Lingering
NICOSIA – Even before the first two cases of the dreaded Coronavirus were confirmed, the setting up of quarantine centers and fears it could spread […]
Economy
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Turkish-Cypriot University Produces Electric Car Prototype
NICOSIA – The prototype of a new car, the Gunsel, has been produced in a Turkish-Cypriot enterprise on the occupied northern third, with officials there […]
Study: Cyprus Peace Deal would See Economy, Incomes Grow
NICOSIA (AP) — A so-far elusive deal to reunite Cyprus would mean more money in pockets on both sides of the ethnically divided island, a […]
Cyprus Struggles to Ease Problem of Bad Loans
NICOSIA — Defaulted loans are a prime economic issue for Cyprus, which since a 2013 financial crisis has seen overdue payments weigh on consumers and […]
EU Warns Cyprus Golden Visas Open to Money Laundering, Corruption
NICOSIA – Cyprus’ much-criticized scheme of selling Golden Visas and European Union passports to wealthy foreigners is open to corruption, money laundering and a conduit […]
Greek Supermarket Chain Metro S.A. Launches First One-Stop-Shop Store in Cyprus
NICOSIA – Metro S.A. inaugurated its first store outside Greece, launching the first one-stop-shop “Best Value for professionals” in Cyprus. The store is located in […]
Cyprus Repays Crisis-Era IMF Loan ahead of Schedule
NICOSIA – Cyprus has paid off ahead of schedule an International Monetary Fund loan that was part of a multi-billion euro financial rescue deal in […]
MetaTrader 5 Incorporates Trader KYC Verification From Sum&Substance
LIMASSOL – MetaQuotes’ Press Service has announced the trading platform integration with the Sum&Substance KYC service, which enables the validation of client personal data and […]
Chinese-Led Consortium to Build Cyprus’ Gas Import Terminal
NICOSIA – Cyprus signed a deal on Friday with a Chinese-led consortium to build the east Mediterranean island nation’s first natural gas import terminal that […]
Cyprus EU’s Worst Regulator of Market Abuses
NICOSIA – Already under fire for selling residency permits and European Union passports without vetting applicants properly for criminal activity and money laundering, Cyprus has […]
