A monthly payout of 4.5 mln euros is distributed to some 23,500 beneficiaries in the form of the Guaranteed Minimum Income aid, which the government says is well within its budgetary capabilities.
The trade deficit narrowed to EUR 2.15 bln in the first eight months of the year, compared to 2.27 bln in the same period in 2014, according to the Statistical Service Cystat.
Despite the prospects of a delayed oil price recovery, Kuwait’s very high levels of economic and fiscal strength will continue to support the country’s credit profile and its Aa2 rating with a
By Jameel Ahmad, Chief Market Analyst, FXTM Equity markets continued their recent run of form with positive momentum remaining as the theme for the financial markets concluding trading for the week. Although
Alexis Tsielepis, Managing Director of Limassol-based Chelco VAT Ltd., has earned the coveted Expert in European Value Added Tax (VAT) diploma after achieving the highest grade ever awarded in the history of
Stefanos Athanasiou, owner of the Madame Bar in Limassol, is in Mexico this month to take part in the finals of the Dons of Tequila cocktail competition. Stefanos was one of 17
By Lukman Otunuga, Research Analyst, FXTM The lingering effect of Thursday’s dovish FOMC meeting minutes continued to punish the value of the USD in Friday’s European session. A general lack of clarity
. In the light of the growing official ties between Iran and Cyprus, a number of non-political emissaries from Tehran are regularly meeting senior government officials on matters of mutual trade interest.
. Marcuard’s Market update by GaveKal Dragonomics After a tough summer with little to cheer about, investors finally got some good news on Monday. After five years of negotiations, culminating in six
Yiorgos Christodoulides, former Head of the Bank of Cyprus Group HR Division, join Baker Tilly Cyprus on October 21 from where he will be responsible for the audit and advisory firm’s human
