Economy

Building permits in Cyprus fall by 15.2% in 2025

Building permits in Cyprus saw a 15.2% drop during the period from January to April 2025, compared to the same period in 2024, according...

Non-performing loans in Cyprus drop to 5.9%

The percentage of non-performing loans (NPLs) in Cyprus decreased to 5.9% at the end of April 2025, down from 6.1% at the end of...

Payments to 2013 depositors to begin within days

A new timeline has been confirmed for the long-awaited compensation of individuals who suffered financial losses during the 2013 banking crisis in Cyprus. Payments...

Euro rises amid weaker dollar and focus on Ukraine peace talks

The euro rose to a new 1.5-week high against the weakened dollar on Thursday, as investors closely follow peace talks taking place over Ukraine,...

Plastic credits: false solution to global plastic waste?

As the UN meets to negotiate an international treaty to curb plastic pollution, many favour carbon credit-like offsetting. Each year, the world produces about 400...