Micro News

According to data recently published by Eurostat, Cyprus came in last out of all EU member states regarding figures related to government expenditure in the healthcare sector in 2015 and 8th out of 28 in education-related government expenditure. Cyprus’ government spending on healthcare amounted to…


Eurobank, Greece’s third largest lender recently decided to open a subsidiary in Cyprus (Eurobank Cyprus Ltd) have generated a net profit of €24 million in the first half of 2017 compared to €37 million net profit generated throughout the entire financial year in 2016. The bank released an emailed statement…


The European Research Council using figures provided by the University of Cyprus continue to research the latest trends and general consensus of the population in Cyprus, and recent figures show that the islands economic sentiment indicator dropped by 7 points last month to 110.9; the lowest it has been…


Hellenic Bank, the islands second largest Cypriot lender, announced in a statement on the Cyprus Stock Exchange website has announced predictions that a €13 million after tax loss will be filed in Q2, in the months from April to June 2017; despite registering a €50 milllion increase in damage provisions…


It is believed that China’s largest public commercial banks are bringing together billions to finance the investment under Beijing's "Belt and Road" initiative. This is in order to internationalize the Yuan (¥) and strengthen aspirations to energize the Silk Road trade routes.



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