News Cyprus Bank deposits: Cyprus sees Russian bank deposits plunge as government seeks to clean up its financial image
NICOSIA – Cyprus has made headway in weaning itself off Russian cash and business as it tries to clean up its image, according to official figures, while a visiting team of U.S. officials is helping ...
News Cyprus Bank deposits: Performance of Cyprus banks disappointing since 2015
Bankers failed to make use of idle cash and help create a healthy, equitable economy The activities and performance of Cyprus banks during the Anastasiades administration shows that they have done little in contributing to the economic and social welfare of most citizens. Bankers have failed to relieve a great…
News Cyprus Bank deposits: ECB Cuts Interest Rate On Government Deposits
The European Central Bank said on Tuesday it would cut the maximum rate it pays on deposits held by governments to give them an incentive to redeploy that cash into the financial system.
News Cyprus Bank deposits: Cyprus presidential candidates push leadership credentials
NICOSIA, Cyprus (AP) -- The three front-runners vying for the presidency of ethnically split Cyprus wound down their campaigns Friday, putting
News Cyprus Bank deposits: Management of the Cyprus economy since 2013 has only benefited the few
The Cyprus government under the leadership of President Nicos Anastasiades has done a poor job in managing the economy with respect to benefiting most of its citizens over the past 10 years. Policies of the government have been directed mainly at enriching the politically connected few and placing many incompetent…
News Cyprus Bank deposits: CySEC study reveals investor habits
The Cyprus Securities and Exchange Commission (CySEC) this week released the findings of a study seeking to identify the behaviour and habits of European investors. particularly with the increased use of complex financial technologies and the widespread use of social media to promote investments. The commission said that the survey…
News Cyprus Bank deposits: Workers stage 3-hour strike in Cyprus to demand pay raises
NICOSIA, Cyprus (AP) — Thousands of workers in Cyprus, including government employees, teachers and builders walked off the job Thursday for an island-wide, three-hour work stoppage to protest what they claim is employers’ backpedaling on a deal for inflation-linked pay increases.
News Cyprus Bank deposits: Cyprus seeks EU support package for ship register
Cyprus has proposed a series of measures to the European Commission to halt defections and bolster the shipping industry hit by European sanctions on Russia following its invasion of Ukraine.
News Cyprus Bank deposits: Cyprus protests portrayal as safe haven for Russian money
Cyprus has frozen about 1.5 billion euros ($1.6 billion) in Russian-linked deposits and assets in accordance with European Union sanctions over the war in Ukraine, the island nation's finance minister ...
News Cyprus Bank deposits: Digital Banking: Revolut Officially Launches as a Bank in 10 European Nations
Revolut has launched operations as a bank in 10 Western European nations, allowing it to provide its customers in these markets deposit protection.
News Cyprus Bank deposits: Turkish lira firm as minister sees inflation peaking
The lira held firm on Friday after Turkey's finance minister was cited as saying inflation would peak in January and hit single digits by June 2023 elections, but a key survey showed inflation would ...
News Cyprus Bank deposits: Cyprus: Technical Assistance Report-Debt and Cash Management
In tandem with Eurozone financial market developments and the prevalence of negative interest rates in 2020, Cypriot banks passed through the costs of their liquidity to their customers, reducing the ...
