Turkish Cypriot conscientious objector, Halil Karapasaoglu was sent to prison on Tuesday for not paying a 2000 TL (EUR 360) fine imposed by a military court in the north for refusing to
. The property market in Cyprus was buoyant last year with high levels of sales recorded in both the residential and commercial sectors. The increased demand pushed up prices, so investors were
Major halloumi exporter Pittas Dairy Industries has found itself in dire financial straits as creditors have rejected a rescue plan for the company, putting its future at risk. The company has faced
Remedica, the Cypriot pharmaceutical company, may soon find itself under new ownership as announced by sole shareholders South African company Ascendis. The debt-laden maker of multivitamins, probiotics and pet nutritional supplements received
Insurance companies offering private health plans in Cyprus are not worried about losing business due to the introduction of the universal General Healthcare System from June 2019. While they do not anticipate
Cyprus was the odd man out when more than 120 MEPs from every corner of EU signed heartfelt letter asking the British people to reconsider Brexit. The plea comes from 26 member
In 2017 the proportion of pensioners at risk of poverty in the European Union was estimated to be 14.2%, slightly above the figure of 13.8 % in 2016. The rate has been
By Hussein Sayed, Chief Market Strategist at FXTM After a sea of red across equity markets on Monday following weak Chinese export data and disappointing Euro industrial production figures, Asian markets
Cyprus recorded a current account surplus of €0.1 bn in Q3 2018 and trade in services surplus of €1.4bn in the same quarter, according to Eurostat. The EU28 seasonally adjusted current account
For the first time, Cyprus bank assets have dropped under €60 bln, mainly due to the closure of the Co-op as some assets not transferred in the Hellenic takeover. Total banking assets
