Outgoing Bank of Cyprus chairman Josef Ackermann purchased 400,000 extra BoC stocks, increasing his holding to 550,000 shares, signalling his confidence in the bank and the significant progress it has achieved. The
Nicosia has approved measures to compensate for the significant loss of tourists from Germany expected this summer after the collapse of airlines Germania, Cobalt and Air Berlin. Tourism Minister Savvas Perdios said
Nearly half of Cyprus businesses (49%) found it hard to recruit ICT specialists for jobs requiring digital skills, according to Eurostat. During 2017, 9% of EU enterprises recruited or tried to recruit
The European Union is providing €70,000 to the Technical Committee on Cultural Heritage and UNDP for the rehabilitation of six cemeteries across divided Cyprus as part of confidence building measures between Turkish
Cyprus is closer to having a 35-year US arms embargo lifted by Washington after a three-day visit by Cypriot Foreign Minister Nikos Christodoulides. During his visit to Washington Christodoulides discussed the arms
Nicosia seeks a meeting between Cypriot President Nicos Anastasiades and US President Donald Trump to underscore the blossoming strong relationship between the two countries. The visit to upgrade bilateral relations was at
Economic Sentiment declined in March for the third month in a row mainly due to a deterioration in business confidence in the services sector, the University of Cyprus Economic Research Centre (ERC)
Motorists have seen no benefit after Cyprus MPs voted for a decrease in consumer tax on petrol in December, as pump prices are nearly back to the same levels. After international oil
The European Parliament voted in favour of measures to clampdown on “tax haven characteristics” and golden visas in seven EU Member States, including Cyprus. Belgium, Cyprus, Hungary, Ireland, Luxembourg, Malta
Twelve years have passed since Cyprus dismantled its national speed camera network but reintroducing them on the island’s roads to prevent traffic carnage has proven difficult. Justice Minister Ionas Nicolaou has set
