Deposits and loans in the Cyprus banking system registered a net increase in June with total deposits amounting to €47.8 billion while total loans edge up to €32.2 billion.

We live in a society where people fought to secure their right of freedom of expression. But what will happen if such right is being used in an abusive way? It is well recognised that the Internet is a navigation engine where an individual may post, in many ways, his own articles in order to express his opinion or his belief in a relation to a specific matter. Consequently, it could be argued, that because of this extensive right given to the individuals by this high-end navigation engine, the volume of the Cyber Libel cases has been enlarged.

The impact of COVID-19 on consumer needs and expectations is significant, with consumers being more thoughtful and selective in their decision-making, according to the KPMG report “Consumers point a new direction to retailers”.

Health officials in the Republic of Cyprus say recently detected clusters of the coronavirus in Limassol do not pose a direct threat to the community but warn the bug never went away and only more testing will show how widespread it may be in the southern town.

Sales of petroleum products fell by 25% in June this year compared to the same period in 2019, figures published by Cyprus’ statistical service on Monday revealed.

Cyprus confirmed on Monday it will welcome UK tourists from 1 August after placing the country on the safe entry list but in the secondary band where visitors need to provide a negative Covid-19 test.

Environmentalist and MP Charalambos Theopemptou on Sunday became the leader of the Green Party.

A small decrease of €4 million was recorded in total non-performing loans (NPLs) at the end of February 2020, compared to the end of 2019, according to data released on Friday by the Central Bank of Cyprus (CBC).

Oil & gas companies Chevron and Noble Energy have confirmed their interest in the Eastern Mediterranean and that their strategic plan has not changed as regards the exploitation of various licences they hold in the region, Cyprus’ Energy, Trade and Industry Minister Natasa Pilides has told CNA.

Cyprus is now one step closer to lifting its energy isolation after issuing the final building permit to EuroAsia Interconnector for the construction of the high voltage direct current (HVDC) converter station in Cyprus to connect its electricity networks with Greece and Israel.