A Cyprus government scheme called “Estia” is on track to assist homeowners with non-performing loans to repay their toxic debt. Under the scheme, the state will cover one third of the eligible
Leading energy-sector technical engineering recruitment specialist Fircroft has included two subsea electricity cables running through Cyprus among the 10 biggest transmission and distribution projects in the world for 2019. At $4.1 bln, the EuroAsia
The Central Bank of Cyprus (CBC) has revised its forecast for GDP growth for 2019 downward to 3.5% from 3.7% it estimated in December. For 2020 and 2021 it expects economic growth
A bill creating a Deputy Ministry for Digital Strategy, Research and Innovation will be tabled to the cabinet for approval soon, President Nicos Anastasiades said. Speaking at the 58th Annual General Meeting
President Nicos Anastasiades said a consultative dialogue between government and foreign investors will be institutionalized to reinforce the position of Cyprus as a stable and competitive destination for doing business. The President
Local energy giant Petrolina’s new fuel storage facilities at the Vassiliko hub will be ready by the end of the year, ending almost six decades of presence on the Larnaca coastline, with
Cyprus has found its first undisturbed Roman shipwreck loaded with ancient cargo off the island’s southern coast which could unlock the region’s sea trading history, the Cypriot antiquities department said on Thursday.
Increases in the price of air tickets will have a negative effect on Cyprus’ air connectivity with an immediate impact on tourism, Transport Minister Vassiliki Anastassiadou warned. “The economics of air connectivity
Cyprus has strongly protested to the UN over violations of its national airspace, the infringements of international air traffic regulations in its flight information region and the illegal use of closed ports
Cyprus has been put in a difficult position with its closer relationship with Washington as a bill that would lift a 1987 US arms embargo is conditional on Nicosia not offering facilities
