The ministry said this resulted in record traffic being recorded during this time, with over 1.3 million travellers.
Specifically, Cyprus welcomed a record-breaking 1,338,065 passengers through Larnaca and Paphos airports in October.
The ministry pointed out that this increase aligns with revised forecasts for 2024, which project over 12 million passengers by year-end, setting a new all-time high.
“The third-quarter results are a milestone for Eurobank,” he stated.
“For the first time, we are fully consolidating Hellenic Bank Cyprus, following our majority acquisition,” he added.
As a result, Eurobank’s balance sheet now approaches €100 billion, with €50 billion in loans and €75 billion in deposits.
The bank’s assets are strategically balanced across three primary markets. These include Greece, with 60 per cent of the assets; Cyprus, with 27 per cent; and Bulgaria, with 11 per cent.
Referencing the latest data from the statistical service, the Cyprus Consumers Association pointed out that some staples became slightly more affordable.
Baby products, for instance, recorded a 5.68 per cent annual reduction, while butter prices fell by 4.55 per cent and sugar showed the largest decrease, dropping by 29.26 per cent.
However, other household essentials saw sharp price increases.
Cyprus Seeds is a private, non-profit organisation whose mission is to support the commercialisation of innovative research projects from Cypriot universities, research institutions and Centres of Excellence.
“At PwC Cyprus, we believe in the power of innovation and youth entrepreneurship to drive economic growth and social progress,” said Philippos Soseilos, CEO of PwC Cyprus & President of the PwC Foundation.
“Our strategic collaboration with Cyprus Seeds underlines our commitment to investing in people to maximize their potential,” he added.
Asimakopoulou, who works as a senior cross asset execution trader at the bank’s Luxembourg branch, discussed the fixed-income market’s shifting landscape at the recently held International Funds Summit and Expo in Cyprus.
“Incorporating smarter regulations and increasing transparency in the fixed-income market are keys to its evolution,” she said, observing how automation and artificial intelligence are reshaping market dynamics.
The latest spate of incidents involves individuals posing as CySEC officers to trick investors into paying fees for recovering losses in companies regulated by the commission.
According to the CySEC, these scams have been identified in misleading posts on public review platforms such as TrustPilot.com and Google Business, with perpetrators contacting investors via fake accounts and emails.
Moreover, CySEC has reported an increase in incidents where scammers impersonate CySEC representatives, warning the public to remain alert.
The Cyprus Stock Exchange (CSE) ended Friday, November 8 with profits.
The general Cyprus Stock Market Index stood at 204.61 points at 12:40, reflecting an increase of 0.59 per cent.
The FTSE / CySE 20 Index was at 124.65 points, reflecting a rise of 0.59 per cent.
The total value of transactions amounted to €33.57 million at the aforementioned time during trading.
In terms of the sub-indexes, the main and investment firm indexes rose by 0.8 per cent and 0.28 per cent respectively. The alternative index fell by 0.54 per cent while the hotel index remained unchanged.
The biggest investment interest was attracted by the Bank of Cyprus (+0.91 per cent), Hellenic Bank (+1.18 per cent), Logicom (+0.66 per cent), the Cyprus Cement Company (-2.04 per cent), and Demetra (+0.29 per cent).
