Economy

Where Cyprus migration funding of €480m is going

Around €480 million is expected to be allocated to Cyprus for migration, external border management and internal security projects during the 2021-2027 programming period. Around...

New EU air passenger rights boost traveller protection

New EU air passenger rights will provide greater transparency over ticket prices and faster compensation for flight delays, under rules formally approved by the...

Share offer for new co-operative bank begins on 22 July

The sale of shares in the Pancyprian Co-operative Society for Holdings and Promotion of the Co-operative Movement Ltd, whose principal objective is to establish...

New Cyprus cooperative bank launches today

New bank begins share offering The launch ceremony for the share offering to establish the Pancyprian Cooperative Bank will take place today at 11am at...

Cyprus pension increase of 1.46% expected in July

A 1.46% pensions increase is expected to be granted from 1 July, according to calculations by the Union of Cypriot Pensioners (EKYSY), based on...