Cyprus banks need to be more imaginative

Cyprus Central Bank Governor Constantinos Herodotou argues profitability and the need to find new banking products besides lending, is a big challenge for banks of a small country. He said that geography,

Turkey trying to open Varosha is “unacceptable”

Cyprus said Turkey’s “provocative actions” to open the fenced-off town of Varosha will not be tolerated, warning that Nicosia will not remain with its “hands tied”. Turkish and Turkish Cypriot officials entered

Huge €1.2 bln development for Larnaca

Cyprus has reached an agreement with Israeli investors for the long-awaited €1.2 bln redevelopment of Larnaca port and marina, the island’s largest infrastructure project of its kind Transport Minister Yiannis Karousos announced

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China flexing for global energy domination

By Richard Philips The Belt and Road Initiative, China’s ambitious plan to build an infrastructure highway spanning from Beijing to Brussels, is commonly perceived as a transport artery involving land and sea

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