Seasonally adjusted GDP rose by 0.2% in the euro area, 0.3% in the EU28, but a higher 1.1% in Cyprus during Q4 2018, according to Eurostat. In Q3 2018, GDP had grown
In February, the Consumer Price Index (CPI) increased by 0.03 units to 99.79 units compared to 99.76 units in January 2019. Compared to a year ago, the CPI increased by 1.2% in
The government rejects the findings of a public inquiry into the demise of the Cyprus Co-op Bank which found that Finance Minister Harris Georgiades bears the most responsibility for its failure. Opposition
Parliament approving the conversion of a certain type of deferred tax assets (DTAs) into deferred tax credits (DTCs) was good news for Cyprus’ largest bank, said ratings agency Moody’s. “Bank of Cyprus
Cyprus had one of Europe's highest rates of naturalisation in 2017 when it granted citizenship to 3.9 per 100 residents. The naturalisation rate is the ratio of the number of persons who
Cypriot Energy Minister George Lakkotrypis said the quality of the reservoir found in Block 10 of Cyprus’ Exclusive Economic Zone (EEZ) allows for optimism that the recoverability will be very high. The
The Cyprus Securities and Exchange Commission (CySEC), the island’s regulator of financial services and investments, has revised the directive for the investors’ compensation fund (TAE), to benefit individuals who lose their money
Finance Minister Harris Georgiades bears the biggest responsibility for the failure of the Cyprus Cooperative Bank which was broken up sold last year, a Committee of Inquiry report said on Wednesday. The
Women are unrepresented in male-dominated Cyprus politics with less than 20% female representation in parliament as MPs and in government as cabinet ministers. Women MPs accounted for 18.2% in Cyprus last year,
When it comes to promoting women in senior management positions Cyprus has a poor record in the EU with only 11.2% in the boardroom, although this figure is up 0.8 percentage points
