Cyprus Business Now: wages, Cyta, TechIsland, social spending, banking, foreign ties
Business & economy wrap-up from the day before Cyprus recorded a Common Equity Tier 1 (CET1) ratio of 21.5 per cent in June, placing it fourth among EU member states and comfortably above the EU average of 16.43 per cent. The ratio measures banks’ highest-quality capital against their risk-weighted assets and…
Full story on the publisher’s site.