Large drop in sales of petroleum products due Covid-19

Oil sales fell sharply in April, driven by measures against the spread of the corona pandemic.According to the Statistics Office, total...

Decision to open airports on June 9 for 19 Countries

The opening of airports for 19 countries, which were divided into two categories, was announced by the Minister of Transport, Giannis Karousos,...

Total assets of investment funds drop 8.7% in the first quarter...

Total assets of investment funds declined by 8.7% in the first quarter of 2020, compared to the previous quarter, according to...

Commission: Cyprus retains the ability to service its debt to the...

The Commission concludes that "Cyprus retains its ability to service its debt to the ESM, but the challenges have increased as a...

Agastiniotis: Parliament has been leading us to worse days since 2013

Despite being a major blow to businesses, the government has rightly withdrawn the bill on state guarantees, KEBE President Christodoulos Agastiniotis...

Hellenic Bank: In the top five of the Eurozone’s systemic banks...

Among the top five liquidity banking systems in the eurozone is the Hellenic Bank, which ranks first in terms of the Liquidity...

Cyprus is among the most attractive “covid-19 passports”

An increase of 42% was recorded in the first three months of 2020, in the applications for naturalization worldwide by the super-rich,...

EU special plan for “black money”

The European Union is determined to establish an oversight body to enforce anti-money laundering rules within the EU, but skeptics fear it will not work.

In Parliament, a proposal to suspend the payment of rents until...

A draft law for the suspension of payment of installments by tenants was submitted to Parliament by AKEL, DIKO and EDEK. 

UN forecasts: The biggest tourism crisis since 1950

The volume of international tourism (the number of tourists) fell by 22% in the first quarter of 2020 and may fall by...