ECONOMY
Banks Express Strong Concerns Over Proposed Changes to Foreclosure Framework
Cyprus banking association warns new legislative proposals could affect financial stability and the country’s credit rating.
ECONOMY
Middle East Crisis Puts Cyprus Economy on Rating Agencies’ Radar
Analysts from Fitch and Morningstar DBRS tell Politis that the country’s strong fiscal position offers protection, but tourism and investment remain vulnerable.
SOCIAL LENS
Thirty-Nine Flights Cancelled Sunday To and From Larnaca Airport
Twenty-one arrivals and 18 departures were cancelled due to the situation in the Middle East.
ECONOMY
How Much the War in Iran Costs: A Heavy Bill for the Economy and Human Lives
The conflict in the Persian Gulf region has already caused significant turbulence in international markets. Among the main economic impacts are a 10–15% increase in oil prices, heightened risk for roughly 20% of global oil trade passing through the Strait of Hormuz, and pressure on transport, airlines and supply chains.
ECONOMY
Foreclosures, Non-Performing Loans and the Political Context
What Is at Stake in the New Parliamentary Debate
