ekathimerini.com Sep 12 25
Gap between Cypriot and eurozone rates persists:
There is still a wide gap between deposit and lending interest rates in Cyprus compared to the eurozone average.
ekathimerini.com/economy/1280608/gap-between-cypriot-and-eurozone-rates-persists/
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ekathimerini.com Nov 05
Cyprus banks must raise their buffer: The Central Bank of Cyprus has introduced a 1% systemic risk buffer (SyRB) for commercial lenders.
ekathimerini.com/economy/1320306/cyprus-banks-must-raise-their-buffer/
After oil price shock: Inflation rate in the Eurozone rises to 4 percent in October
ksta.de/wirtschaft/inflationsrate-in-eurozone-steigt-im-oktober-auf-4-0-prozent-1409185
ekathimerini.com Nov 02
Energy rates in Cyprus up 21% in Sept: Energy prices in Cyprus rose 21% in September compared with a year earlier.
ekathimerini.com/economy/energy/1319940/energy-rates-in-cyprus-up-21-in-sept/
ekathimerini.com May 09
Deposit rates in Cyprus among EU’s lowest: Interest rates on outstanding deposits in Cyprus stand at the lower level within the eurozone ...
ekathimerini.com/economy/1303261/deposit-rates-in-cyprus-among-eus-lowest/
ekathimerini.com Apr 27
CBC sets new cost of borrowing: The Central Bank of Cyprus has set the country’s reference interest rate at 11.72%.
ekathimerini.com/economy/1302005/cbc-sets-new-cost-of-borrowing/
Summer bookings in Cyprus affected by West Asia situation: Conflict cools early summer tourist interest in Cyprus, Greece and Turkiye.
thestar.com.my/lifestyle/travel/2026/04/01/summer-bookings-in-cyprus-affected-by-west-asia-situation
ekathimerini.com Feb 04
Cyprus debt drop outpaces eurozone’s: Cyprus has recorded the third-largest reduction in public debt among European Union countries.
ekathimerini.com/economy/1294264/cyprus-debt-drop-outpaces-eurozones/
ekathimerini.com Dec 17 25
Cyprus bank profits down, but assets up: Cyprus’ banking sector recorded a notable decline in profitability during the first nine months of 2025.
ekathimerini.com/economy/1290024/cyprus-bank-profits-down-but-assets-up/
ekathimerini.com Oct 09 25
Matching IBAN with transfer recipient’s name: As of Thursday, banks in the eurozone, including those in Greece and Cyprus, will be required to verify the ...
ekathimerini.com/economy/1283260/matching-iban-with-transfer-recipients-name/
ekathimerini.com Oct 02 25
Sharp drop in inflation: Greece’s inflation fell significantly in September, Eurostat said on Wednesday.
ekathimerini.com/economy/1282616/sharp-drop-in-inflation/
ekathimerini.com Jul 28 25
Cyprus sees €654.7 million increase in deposits in June: Total deposits in Cyprus recorded a net increase of 654.7 million euros last month ...
ekathimerini.com/economy/1276620/cyprus-sees-e654-7-million-increase-in-deposits-in-june/
ekathimerini.com Jul 14 25
Lower rates for deposits in Cyprus: Average interest rates on deposits from households and businesses in Cyprus declined in May compared to April.
ekathimerini.com/economy/1275216/lower-rates-for-deposits-in-cyprus/
ekathimerini.com Jan 31 25
Cyprus had a banking boom in 2024: Cyprus ended 2024 with a surge in banking activity, as both loans and deposits saw substantial increases.
ekathimerini.com/economy/1260226/cyprus-had-a-banking-boom-in-2024/
ekathimerini.com Jan 15 25
Further drop of bad loans in Cyprus: The nonperforming loans (NPL) ratio in Cyprus decreased to 6.5% or 1.6 billion euros at the end of September 2024.
ekathimerini.com/economy/1258629/further-drop-of-bad-loans-in-cyprus/
ekathimerini.com Dec 06 24
Cyprus sees expansion of credit: Cyprus observed a rise in net new loans in October, driven primarily by businesses borrowing more ...
ekathimerini.com/economy/1255495/cyprus-sees-expansion-of-credit/
ekathimerini.com Oct 03 24
Mortgage rates go up in Cyprus: Banks in Cyprus raised the interest rates on home loans in August.
ekathimerini.com/economy/1249994/mortgage-rates-go-up-in-cyprus/
ekathimerini.com Apr 08 24
Cyprus appoints banker Patsalides as Central Bank Governor: Career banker Christodoulos Patsalides was appointed the Governor of the Central Bank of Cyprus on ...
ekathimerini.com/economy/1235872/cyprus-appoints-banker-patsalides-as-central-bank-governor/
As sanctions loomed, accounting giant PwC scrambled to keep powerful Russians a step ahead - ICIJ
icij.org/investigations/cyprus-confidential/pwc-cyprus-russia-oligarchs-ukraine-sanctions/
Key FactsCyprus' Role in Shielding Putin's Wealth from Western Sanctions
Nov 14, 2023 · Reading time: ~30 sec.
Summary created with AI assistance · Source: icij.org
Summary created with AI assistance · Source: icij.org
- Decades of foreign money, mainly Russian, brought wealth to a few and a shady financial hub reputation for Cyprus.
- Investigation reveals Cyprus' significant role in moving dirty money for Putin’s autocratic regime and other brutal dictators.
- PwC’s Cypriot unit assisted Russian oligarchs in undermining Western sanctions during Russia’s invasion of Ukraine in 2022.
- The 3.6 million leaked files in the Cyprus Confidential investigation come from six financial services providers and a website company.
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