Organised by Stelios Americanos & Co LLC with the Bank of Cyprus, the conference aims to highlight the investment opportunities available in business, real estate and tourism

Rating agency Moody’s considers as credit positive the fact that Cyprus’ Central Bank Governor, Constantinos Herodotou, expects two of the largest banks on the island to sell a significant portion of problem (non-performing) loans.

Private equity firms now manage commitments of nearly US$3.4t globally, up from less than US$500b in 2000, and in a significant shift new capital from private markets has surpassed for capital raised in public markets for the first time ever.

PwC’s corporate responsibility programme focuses on promoting youth entrepreneurship, supporting vulnerable social groups, protecting the environment, promoting employee wellbeing and upskilling. The organisation’s activities, which are based on the values of giving back to society, volunteerism and civic participation are detailed in the organisation’s 2019 edition of “We participate & give back”.

Only 9% of Cyprus electricity came from renewable sources in 2018, the third lowest in the EU28 and well below the average of 32% according to the latest figures issued by Eurostat.

The latest Eurobarometer survey on cybercrime published by the European Commission found that only 52% of Europeans and 51% of Cypriots feel they can sufficiently protect themselves against cybercrime.

The 2008 financial crisis hit Cypriot banks extraordinarily hard, leaving the sector with an NPL-ratio soaring to a frightening level of 54% in 2014.

The new Master’s programme in digital cultural heritage of The Cyprus Institute graduate school is accepting applications for the Fall 2020 semester from interested candidates.

The percentage of agricultural land used for organic farming in Cyprus is 4.6% which is below the EU average. Cyprus is ranked 10th in the EU by Eurostat.

As insurance industry growth remains stagnant for another year due to low interest rates, the shifts in consumer demographics around the world coupled with heightened expectations for digital experiences present insurers with risks and opportunities. The EY Insurance Outlook 2020 report – based on collective sector workshops with insurance leadership across the globe (Americas, Asia-Pacific and Europe) and a formal survey of EY insurance professionals and external analysts – reveals what life and non-life global insurers plan to prioritize in the year ahead to remain competitive in this new paradigm.