The Central Bank of Cyprus (CBC) announced on Friday that the total amount of non-performing loans (NPLs) decreased by €722 million at the end of the third quarter of 2021, reflecting a quarter-on-quarter decrease of 14.4 per cent. Further, total loans decreased from €28.388 billion at the end of the second quarter to €27.902 billion […]
Non-performing loans fall by €722m in third quarter Read More »
Fusion Reactors CEO Christos Stavrou is unequivocal when he speaks about the potential value of fusion technology, both in terms of its use to the world, but also to Cyprus. “A private fusion company in Cyprus would provide a significant boost to the island in a number of ways,” Stavrou told the Cyprus Mail, adding
Nuclear Fusion in Cyprus? Read More »
Cyprus’ move to open up its power generation market and boost the share of renewable sources in its energy mix will face its first big test next year, when the European Union’s executive arm assesses the project. Cypriot lawmakers in October approved a law aimed to decouple the power grid operator from the state-run Electricity
EU to assess Cyprus’ opening up of power generation sector Read More »
Three out of four Cypriots prefer to live in a house rather than a flat, while more than two-thirds own their own home, according to a recent Eurostat survey. In their annual report on EU citizens living conditions for 2020, Eurostat found that 73% of the island’s population lived in a house, while 25.6% lived
Only 25.6% of Cypriots live in a flat Read More »
Introducing CX Financia – Your Trusted Financial Advisor CX Financia is a boutique financial advisory firm based in Cyprus with offices in Nicosia and Limassol. We offer a full range of corporate, banking, fiduciary and legal services, including accounting, tax planning, financial services licensing and advisory, compliance support and more. Founded in 2015 by
CX Financia boutique financial advisory firm based in Cyprus Read More »
Final preparations are being completed in the Cypriot capital of Nicosia ahead of a visit by Pope Francis due to begin on Thursday. For the government of Cyprus, this visit constitutes an historic event. According to the Cypriot Deputy Government Spokesman, 77 reporters will accompany the Pope’s mission, while more than 200 journalists have been
Final preparations in Cyprus for Pope’s visit Read More »
On Tuesday the 23rd November 2021 the Great Britain Cyprus Business Association held a Business Orientation Conference at the Marriot Regents Park. The event was attended by the Minister of the Interior, Nicos Nouris, representatives of established developers, solicitors, investment consultants, accountants and other members of the rapidly expanding Cypriot business community. Trellows is very
Great Britain – Cyprus Business Association Business Orientation 2021 Read More »
Focus on Michael Kyprianou Solicitors Michael Kyprianou & Co. LLC is praised for its ‘outstanding reputation in the international disputes market that is supported by strong credentials. The gender diversity of the practice is refreshing’ too. The ‘highly intelligent’ Marina Hadjisoteriou and the ‘very reliable and experienced’ Menelaos Kyprianou co-lead the team. The group is trusted by key insurance and
Michael Kyprianou Solicitors Read More »
Pomos is one of the remaining unspoiled and undisturbed areas of Paphos. An ideal location to get away from it all. Pomos village, hanging on the cliffs of west coast Cyprus, lies about 20 km afar from Polis Chrysochous, on the way to Akamas nature reserve. It is a laid back village very peaceful and quiet.
Pomos – Portrait of a Cypriot Village Read More »
“The increasing numbers of lionfish around Cyprus created the need to create a platform that allows scientists to monitor their abundance and distribution in the area so that we can control their populations and their negative effects,” According to the researchers working on the project, the lionfish is reproducing rapidly and in the Mediterranean no
Is the Lionfish a threat to the Cypriot Ecosystem? Read More »
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