Cyprus

Cyprus made strides in paying down its debt in the second quarter of 2024, settling over 1 billion euros in bonds and loans. According to the Cypriot Finance Ministry's Debt Management Office (PDMO), this repayment approach helps reduce the national debt, boost financial stability and potentially open up new benefits for Cypriot citizens and the economy.

As we approach November 5th, this year’s U.S. presidential election has captivated global interest. Many geopolitical analysts have been repeating, almost monotonously, the familiar claim that these elections are the most critical in the U.S. since 1860.

According to Eurostat data, Bulgaria's tax-to-GDP ratio is among the lowest in the European Union. In 2023, the overall tax-to-GDP ratio for the EU, which includes the sum of taxes and net social contributions as a percentage of gross domestic product (GDP), was recorded at 40.0%. This figure represents a decrease from 40.7% in 2022.

US President Joe Biden (R) holds a bilateral meeting with Cypriot President Nikos Christodoulides in the Oval Office of the White House in Washington, DC, on Oct. 30, 2024.

Athens and Nicosia have expressed satisfaction over Cyprus President Nikos Christodoulides' recent visit to Washington and his meeting with US President Joe Biden.

The Association of Cyprus Banks (ACB) said on Thursday that it sees further progress in the economy, driven by the reduction of interest rates in the context of the easing of monetary policy by the European Central Bank (ECB), the ACB's President Aristidis Vourakis said, noting that ECB rate cuts are being reflected in the lending rates of the Cypriot banking system.

A leader doesn't need to be unpredictable or keep a finger in many pies in order to be effective in strengthening your country's position.

Turkey's Foreign Ministry has charged that the European Union's annual progress report on its accession process "reflects the unrealistic, unlawful and maximalist views of Greece and the Greek Cypriot side" concerning Cyprus.

Hello, a few words on the great tragedy that Spain is experiencing with the loss of 95 lives due to deadly floods in Valencia. This issue is, of course, not meant for comparisons with similar emergencies in our own country or elsewhere, but it should be noted that: a) The flood intensity reached 120-380mm of water per sq.m., while in Daniel, it reached 850mm per sq.m.

A senior official with Europe's top human rights watchdog has urged the government of ethnically divided Cyprus to allow passage to nearly three dozen asylum seekers out of a UN-controlled buffer zone where they have been stranded in tents for months.