Economy

By Stelios Orphanides Fitch Ratings, one of the three main rating companies, said that Cyprus will not require support from the European Central Bank’s public sector purchase programme in order to maintain market access after completing its economic-adjustment programme this month. Fitch, which up...

Commercial real estate in Cyprus is showing some signs of stability, according to RICS. The latest RICS Global Commercial Property Monitor shows that investment surges in Europe for commercial property and that investment activity is improving markedly in several cities within the euro area. Accordi...

The first ratings are expected today from the Credit rating agencies of Standard and Poor’s and Moody’s, in view of Cyprus’ completion from the European economic adjustment programme, which expires on March 31, and following Government’s decision to exit early from the IMF loan p...

The EU28 seasonally adjusted current account for its balance of payments recorded a surplus of €14.3 billion in January 2016, compared with surpluses of €17 billion in December 2015 and €21.4 billion in January 2015, estimates from Eurostat showed on Monday. In January 2016, compared with Dece...