News Cyprus Economy: Cyprus Bailout May Equal Half its Economy
Cyprus, the fifth euro zone country to seek emergency funding from Europe, may require a bailout of up to 10 billion euros — over half the size of its national economy. The Mediterranean island nation ...
News Cyprus Economy: Cyprus construction sector looks to the next decade
Discover how the Cyprus construction industry is evolving with modern practices, its influence on the economy, and the challenges it's facing ...
News Cyprus Economy: Cyprus economic uncertainty indicator falls for fourth straight month
The Economic Sentiment Indicator in Cyprus fell by 0.2 points during January, reflecting weaker business confidence in several sectors, according to an Economic Tendency Survey compiled and published by the Economics Research Centre of the University of Cyprus (CypERC). The centre said the marginal decline in the indicator was driven…
News Cyprus Economy: Cyprus picks new president amid economic doubt, ethnic split
NICOSIA, Cyprus (AP) — Cypriots are voting Sunday for a new president who they’ll expect to decisively steer the small island nation through shifting geopolitical sands and uncertain economic times that have become people's overriding concern, eclipsing stalemated efforts to remedy the country’s ethnic division. The monthslong campaign has been a lackluster affair, primarily because the three leading candidates are all close associates of...
News Cyprus Economy: Cyprus rivals woo swing voters in presidential run-off
Cyprus holds a tightly fought presidential election on Sunday between two diplomats, each seeking to persuade undecided voters that he is the best choice to govern the European Union member. "Some people are going to the polls voting for someone who is the least worse candidate, a characteristic in most elections but more so in this one," said Andreas Theophanous of the Cyprus Center for European and International Affairs.
News Cyprus Economy: Turkish Cyprus: Brothers, sisters living across the sea
The island of Cyprus is the apple of the Mediterranean's eye. For centuries, it has been home to several peoples and was once ruled by the ...
News Cyprus Economy: Cyprus’ economy projected to recover output lost to COVID-19 crisis during 2020
Cyprus’ economy is projected to recover in 2021 the output lost in 2020 as a result of the COVID-19 crisis, the Central Bank of Cyprus (CBC) said in its yearly economic bulletin on Wednesday. The ...
News Cyprus Economy: Rising anger with Turkey drives calls for reunification in crisis-hit northern Cyprus
With the economy in freefall and allegations of political interference, people have taken to the streets to advocate for federal future ...
