Cyprus has finally achieved the much sought-after investment grade after Standard and Poor’s upgraded the country’s creditworthiness status. The major rating agency upgraded the island’s sovereign credit ratings from BBB-/A-3 to BB+/B
Bank of Cyprus CEO John Patrick Hourican told investors now is a good time to invest in Cyprus as Nicosia went on a charm offensive in London on Friday. BoC’s CEO
. It is no use talking about ending the energy isolation of Cyprus. This cannot be done either through ambitious and strategically sensitive gas pipelines, or by way of electricity interconnectors to
. There is going to be some static coming from New York next week when the Cyprus problem gets a mention in the corridors of the United Nations before more serious matters
Nicosia has protested to the United Nations over the detention of a Cyprus-flagged fishing vessel with five crew on board by a Turkish warship. “The Government has made strong representations to the
Hellenic Bank CEO Ioannis Matsis told Bloomberg on Friday that Cyprus still had too many banks despite the recent acquisition of the Co-op. “Cyprus is a very overbanked and very overinsured market,”
Italy is committed to seeing the EastMed pipeline project going ahead as a new route of energy supply to Europe, Italian ambassador Andrea Cavallari told the Cyprus News Agency (CNA). The leaders
A Troika delegation will be in Cyprus next week for a round of meetings with key actors in the Cypriot economy to discuss the non-performing loans and growth prospects. Representatives from the
A boatload of 65 migrants, believed to be Syrian, arrived on Cyprus after President Nicos Anastasiades urged European leaders to do more as Nicosia struggles to cope with a spike in asylum
. By Michael Doherty LACK of clarity about the terms of Brexit is causing huge concern to British industry, commerce and to the 1.3 million citizens of the United Kingdom living
