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Mortgages rate up, household deposits rate down in August

Banks in Cyprus increased the interest rate on loans for house purchase in August, while dropping the interest rate on deposits from households. In the same month, amounts of new loans dropped by a third, compared to July.

The Central Bank of Cyprus…

”Estia” evacuation plan in operation

Cyprus’ national evacuation plan ”Estia” for the reception and repatriation of citizens of third countries, is in full operation, Government Spokesperson Constantinos Letymbiotis announced on platform “X”.

According to the Spokesperson, the Republ…

Mideast crisis: Meloni calls G7 meeting

Premier Giorgia Meloni called a Group of Seven (G7) leaders meeting on the Middle East for Wednesday afternoon by videolink from Rome.

“Italy will continue to work for a diplomatic solution, also in its capacity as rotating president of the G7.

I h…