In a message addressing the current economic climate, Central Bank of Cyprus (CBC) governor Christodoulos Patsalides on Monday noted that the country is navigating challenges from a position of strength.
He highlighted Cyprus’s sound economic fundamentals, solid fiscal base, and resilient banking sector as key pillars of stability.
Governor Patsalides emphasised that the banking system remains well-capitalised and highly liquid, which he believes strengthens its capacity to absorb potential external
