Moody’s rating agency said the decline of non-performing exposures (NPEs) by €5.6bn, or 33.6 per cent, stemming from the resolution of the co-operative bank (CCB) is a credit positive for the Cypriot banking system because it reduces asset quality risks and supports depositor confidence.
Akel leader Andros Kyprianou on Wednesday called on foreign diplomats to exert influence on Turkey to cooperate in good faith to resolve the Cyprus issue for the benefit of all Cypriots and the wider region.
Cyprus must not get complacent with the growth in tourist arrivals in recent years and needs to diversify its product, deputy minister for tourism Savvas Perdios said on Tuesday.
President Nicos Anastasiades on Monday said he would wait for UN special envoy Jane Holl Lute’s return to Cyprus to see how to handle Turkey’s request to halt all efforts to resume the dialogue on the Cyprus issue due to Turkish local…
The UN Secretary General’s Special Representative in Cyprus and head of Unficyp Elizabeth Spehar briefed President Nicos Anastasiades on Friday about her forthcoming contacts with senior US and UN officials, including Antonio Guterres…
The UN Secretary-General’s report on the UN peacekeeping force in Cyprus (UNFICYP) is expected to be handed over to the UN Security Council members on Thursday or Friday the latest.
Natural gas discovered off Cyprus should be marketed through Turkey or else it would not be a viable project, Turkish Foreign Minister Mevlut Cavusoglu has said.
Turkish Foreign Minister Mevlut Cavusoglu believes it is not realistic to restart Cyprus talks before the European parliament elections in May, he said on Wednesday.
A total of 31 Syrian refugees managed to reach Cyprus on Tuesday early morning, despite very cold weather and poor conditions at sea.
The Health Insurance Organisation (HIO), the Cyprus Medical Association (CyMA) and the medical societies agreed on Tuesday to enter an intensive dialogue in an effort to bridge differences on the implementation of the National Health Scheme…