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CYPRUS: Tourism headed for labour standoff as industrial peace jeopardised

By Kyriacos Kiliaris As the tourist season is about to peak at the end of July, industrial peace is being jeopardised as hoteliers and employees are unable to see eye to eye

27th July 2019
Cyprus

Risk of going under is very easy for Cyprus tourism investments

. By Antonis Loizou F.R.I.C.S. – Antonis Loizou & Associates Ltd – Real Estate Valuers, Property Consultants & Estate Agents   A lot of investment has been undertaken for touristic development ranging

27th July 2019
Comment

EU: Cyprus joins ‘gender equality’ effort with first female Commissioner

DISY deputy and women’s health activist Stella Kyriakides is set to replace Christos Stylianides as Cyprus Commissioner in Brussels, President Nicos Anastasiades announced on Friday, making her one of seven female candidates

26th July 2019
Cyprus

CYPRUS: State and banks sign MoU for ‘Estia’ housing scheme

The government has signed a memorandum of understanding with local financial institutions for the implementation of the Estia scheme, which comes into effect in September, designed to bailout distressed homeowners holding toxic

26th July 2019
Cyprus

CYPRUS: TC trade unions protest Turkey’s TRL 750 mln ‘lifesaver’ for north

Turkish Cypriot trade unions are protesting against the interim economic protocol ‘lifesaver’ from Ankara agreed earlier this week, saying that the deal is a smokescreen for Turkey to enhance its control in

26th July 2019
Cyprus

MARKETS: Dollar could get lift from better-than-expected US GDP

By Han Tan, Market Analyst at FXTM Most Asian currencies are set to end the week on the back foot against the US Dollar, with the Dollar Index (DXY) having gained about

26th July 2019
Business

ENERGY: High stakes in Cyprus gas bonanza as tensions soar

Cyprus’ bid to become an eastern Mediterranean energy hub is hindered by soaring tensions over Turkish drilling off its coast while it needs game-changing finds to spark a multi-billion-dollar gas bonanza, analysts

26th July 2019
Cyprus

MARKETS: ECB keeps rates unchanged, investors await 10bp cut by year-end

By Lukman Otunuga, Senior Research Analyst at FXTM Investors who were looking for a quick opportunity to attack the Euro were given the thumbs up Thursday afternoon after the European Central Bank

25th July 2019
Business

CYPRUS: Customs raids at airport could hurt €200 mln halloumi exports

Cyprus’ traditional squeaky cheese, which accounts for EUR 200 mln in exports, is in for another bumpy ride as authorities appear to be clamping down on halloumi products which do not conform

25th July 2019
Cyprus

MARKETS: Will the ECB be the first to lower rates?

By Hussein Sayed, Chief Market Strategist at FXTM Currency and fixed income traders will have a busy day with the European Central Bank (ECB) monetary policy decision under the spotlight, as Thursday’s

25th July 2019
Business
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Latest News

  • Silver bulls have upper hand near $34, below year peak
  • Euro maintains positive trend, despite dollar rebound
  • Dollar could tumble, investors brace for major shift
  • Strong GDP, softer retail sales boost Swiss Franc
  • German retail sales, inflation data provide mixed picture for ECB

Latest Comment

25th May 2025

Gas will be around for quite longer

24th May 2025

Natgas back on the EU agenda

22nd May 2025

Higher output to pressure crude oil prices

2nd May 2025

European, U.S. futures surge amid easing trade tensions and strong tech

Popular

Silver bulls have upper hand near $34, below year peak

Silver struggles to capitalise on the overnight bounce from sub-$34.00

Euro maintains positive trend, despite dollar rebound

EURUSD has drifted lower from Monday’s highs at 1.1450 and

Dollar could tumble, investors brace for major shift

The US dollar could slide by as much as 10%

Strong GDP, softer retail sales boost Swiss Franc

The Swiss Franc extended its winning streak against the US

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