Interest rates for house purchases declined to a new historic low in October, according to data released by the Central Bank of Cyprus. The lending rate for home purchases declined to a
Using liquified natural gas (LNG) for electricity generation is the only way forward for Cyprus to diversify its energy mix and avoid bigger fines for greenhouse emissions, Electricity Authority chairman Andreas Marangos
Consumers in Cyprus are finally given a break after months of petrol price hikes scorching them, as prices of crude oil have fell close to USD 50 per barrel. The observatory of
Greek Minister of Energy George Stathakis said Greece, Italy, Cyprus and Israel are drafting an intergovernmental agreement on the $7 bln EastMed pipeline to be signed in the first three months of
Woodbrook Group, a Cyprus-headquartered firm of financial consultants with offices across the globe, will soon make an announcement foreshadowing significant growth. Woodbrook, under partnership with Inter-M Traders Ltd and/or its affiliates headed
The International Monetary Fund has estimated the fiscal cost of the sale agreement of the Co-op’s good asset portfolio to Hellenic Bank at EUR 3.5 bln, equivalent to 17% of Cyprus’ GDP.
Baker Tilly International, a leading firm of auditors, accountants, tax consultants and business advisors operating in 147 countries, proudly presented their new logo, visual identity and their new goal ‘Now for tomorrow’
Bank of Cyprus has sold 35 properties to mainly foreign buyers, yielding some EUR 450 mln while unloading non-core assets and contributing to jump-starting big development projects. Each property is worth tens
Marriott International’s revelation that the Starwood guest reservation database had been breached, potentially affecting up to 500 million guests is a credit-negative event, Moody's said. “The key risks to the breach include
Hellenic is looking into the possibility of not having to increase its capital after all, as it is argued the negative goodwill resulting from the good assets acquisition of the Co-op Bank
