Economy

Industrial production up 4.1% year-on-year in January-September

The Industrial Production Index increased by 4.1% in the period January - September 2024, compared to the corresponding period of 2023, according to data...

Loans down €213 million in October on monthly basis, deposits up

Total loans showed a net decrease of €213 million in October 2024, compared to September of the same year, while deposits recorded a net increase...

Tenders announced for Larnaca Marina and Vasilikos Port

The management, operation, and maintenance of Larnaca Marina will be assigned to a private operator for a period of five years or until procedures...

Bank of Cyprus covered bonds achieve AAA rating by Moody’s

Moody's Ratings has upgraded the rating of covered bonds issued by Bank of Cyprus Public Company Limited to Aaa from Aa2, the bank said...

Koumis: Respect for sustainability is key to tourism development

Greece and Cyprus must move forward with respect for the environment and the principles of sustainability to further develop their tourism products, as both...