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CYPRUS: Debt at €19.3 bln in May, says PDMO

Cyprus’ debt was at EUR 19.3 bln in May, unchanged from the beginning of the year, the Public Debt Management Office (PDMO) said on Tuesday. It said that the general government budget

19th July 2017
Cyprus

Cyprus Editorial: Energy is the catalyst for a solution

. Was it a coincidence that the French Minister for Armed forces Florence Parly was on a brief visit in our parts of the wood the day that Total was supposed to

19th July 2017
Comment

CYPRUS: House passes landmark bill for Deputy Ministry for Shipping

The entire maritime and business community of Cyprus has applauded parliament’s unanimous vote on Friday to pass legislation establishing the Deputy Ministry (Under Secretariat) for Shipping, one of three non-voting Cabinet offices

14th July 2017
Cyprus

MARKETS: Fed caution pressures Dollar, Gold edges higher

By Lukman Otunuga, Research Analyst at FXTM It has been an eventful week for the financial markets, as comments from central bank heavyweights which fuelled monetary policy speculations and political uncertainty in

14th July 2017
Business

Greek economy: The struggle to stay afloat continues

Greek economy: The struggle to stay afloat continues By Costis Stambolis Greece and its international lenders may have reached a deal in mid June on a much awaited EUR 8.5 bln loan

14th July 2017
Comment

PWC: Economic uncertainty hits all-time high

The current political and economic climate has contributed to some of the highest levels of uncertainty seen for decades, say PwC economists in their latest Global Economy Watch.   Indeed, in recent

14th July 2017
Business

EY: Execs bullish on growth, opportunities from geopolitical uncertainty

Global middle market organisations (companies with annual revenues of $1mln – 3 bln) are showing no signs of slowing down in the face of geopolitical uncertainty, according to a survey by EY.

14th July 2017
Business

MARKETS: Investors cheer dovish Yellen; dollar falls

By Hussein Sayed, Chief Market Strategist at FXTM Equity investors across the world welcomed Federal Reserve Chair Janet Yellen’s testimony with open arms.   The Dow Jones Industrial Average jumped 123 points

13th July 2017
Business

CYPRUS: Against all odds, IMS Iatromed sees growth in healthcare

* Company evolves in parallel with Samsung to become leading medical supplier in Cyprus * IMS Iatromed Services Ltd., one of the leading medical equipment suppliers in Cyprus, has set its sights

13th July 2017
Cyprus

Cyprus talks: Did Turkey walk into a well-laid trap in Switzerland?

. By Tom Lawrence Reactions to the breakdown of the talks to reunite Cyprus in Crans Montana last week have been predictable. The Greek Cypriots have laid the blame on Turkey, Turkey

13th July 2017
Comment
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Latest News

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  • Discipline, governance needed to build a resilient balance sheet

Latest Comment

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The EU’s action plan for affordable energy

By Anthi Charalambous At a time of high energy volatility,

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West Texas Intermediate futures on NYMEX, trade sideways around $62.20

Markets await NFP, avoiding Trump-Musk drama

Financial markets remain relatively quiet early Friday as investors move

As stocks hit record highs, deVere boss warns of complacency

Markets have powered to all-time highs, with the MSCI All-Country

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