Greek company Diversa is in negotiations with Cyprus-based airline Cobalt for a possible takeover after it went bankrupt on October 17. Diversa announced on the Athens Stock Exchange that it is looking
Cypriot Foreign Minister Nikos Chirstodoulides believes that relations with the United States have made important steps in strengthening the security dimension, with Washington increasingly acknowledging that Cyprus is a solid partner in
The practices of maintaining large deposits by non-EU citizens accompanied with shell companies are finished, Cyprus Minister of Finance Harris Georgiades said. He blamed such practices on contributing to the financial meltdown
A strong 24% increase was recorded credit card transactions during October, reflecting the recovery in consumption, while income tax payments also played a part. According to new JCC data, the value of
The Cypriot delegation to the 12th International Olympiad on Astronomy and Astrophysics (IOAA) held in Beijing received two awards. English School student Hradzia Zakarian received an honorary mention for his overall contribution
The European Bank for Reconstruction and Development (EBRD) is hosting, on 22 November, a conference entitled “Reshaping the hospitality industry – Challenges and opportunities for Cypriot SMEs”. The conference at Radisson Blue
European Parliament Rapporteur Kati Piri proposes the formal suspension of accession negotiations with Turkey reiterating her call on Ankara to refrain from threatening Cyprus. Dutch socialist MEP Kati Piri presented on Wednesday
Cyprus’ economy expanded by 3.6% in three-month period July-September, racking up 15 quarters of consecutive growth, official data showed Wednesday. Compared with the previous quarter, GDP grew by 0.7% in Q3 2018
Despite a major economic recovery, Cyprus has put privatisation on hold, needs to take renewable energy seriously, reduce NPLs and focus on targeted business reform, said the EBRD in its 2018-19 Transition
RCB Bank for the third consecutive year has won the prestigious “Safest Bank in Cyprus” award by the internationally renowned Global Finance magazine. In its exclusive annual survey, which serves as a
