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Tochni Village                                                Photo © CyprusExpat.co.uk

01 October 2017

1. Cyprus’ bond yields hit new record low

Cypriot bond yields are hitting fresh record low on secondary markets, despite the fact that Cyprus in not yet rated in the investment grade of international rating agencies.
The yield on the long-term bond of the Republic of Cyprus, maturing in 2025 is at 1.88% following a downward trajectory.
 
2. Technocrats begin Cyprus third economic review

Fiscal issues, structural reforms and Non-Performing Loans (NPLs) are the focus of the third post memorandum review of the Cyprus economy, which began on Monday.

3. India and Nepal next on the map for the Pee Power journey of Dr Ieropoulos

First it was Glastonbury festival in the UK, then Uganda, now India and Nepal might be the next steps for Pee Power project, which uses urine to generate power. The innovative technology was developed by the team of UK-based Cypriot scientist Yiannis Ieropoulos, head of the Bristol BioEnergy Center (BBiC) in the Bristol Robotics Laboratory at the University of the West of England (UWE Bristol).  So far Pee Power has been shown to be capable of powering lights and charging mobile phones.

4. Retail trade up in July

The retail trade showed significant increase in July, according to figures released by the Statistical Service of Cyprus on Monday.

5. APOEL, Apollon, AEK and Omonia lost points in the framework of Match Day 5

APOEL, Apollon, AEK and Omonia lost points in the framework of Match Day 5 of the Cyprus football league, which wraps up on Monday with the match between Anorthosis and Doxa at Antonis Papadopoulos Stadium at 19:00. The results of the Match Day 5: Olympiakos-Paphos FC 0-0, Ermis-Ethnicos 2-0, Omonia-Alki 2-2, AEL-Apollon 1-1, Nea Salamina-AEK 1-0, Aris-APOEL 0-0. Standings after Match Day 5: Anorthosis 10 (4 games), AEK 9, AEL 7 (4 games), Omonia 7 (4 games), Doxa 7 (4 games), Alki 6, Olympiakos 6, Apollon 5 (4 games), Paphos FC 5 (4 games)  Nea Salamina 5, APOEL (3 games) 4, Ermis 3 (4 games), Aris 3, Ethnicos 3.CNA

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