Energean to acquire Greek block from Total

Greek firm Energean is to acquire Total’s stake in Block 2, offshore Western Greece, providing further exploration opportunities in its core area of the Eastern Mediterranean with limited financial exposure. The Israel

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Lack of diversity hurting Cyprus economy

Cyprus’ economy is still characterised by large economic imbalances, which, unless addressed, may impede its medium-term prospects, the European Commission warns in its in-depth analysis. It said Cyprus’ large imbalances are a

Thief who snatched teen’s ashes jailed

A 33-year-old Cypriot man who stole a box containing a Swedish teenager’s ashes from his family’s rented car was jailed for 15 months by the Limassol district court. The thief who expressed

The worst is yet to come!

By Hussein Sayed, Chief Market Strategist at FXTM Buying on dips has been a successful strategy over the past several years when it comes to equity trading. Even the US National Economic

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New laws to stop match-fixing

News laws are to be introduced in an attempt to clamp down on match-fixing and corruption in Cyprus football, announced Justice Minister George Savvides. Following Tuesday’s meeting with political parties, members of