The Council of Ministers has reaffirmed its support to actions that will ensure that Pafos 2017 is a successful European Capital of Culture, with the total amount of €5,000,000. The Cabinet decision
The retail Trade Turnover Value Index was up by 4.0 units or 5.4% in March this year compared to March 2013, according to data released by the Cyprus Statistical Service. In March
The Statistical Service Cystat announces that the number of building permits authorised by the municipal authorities and the district administration offices in April totalled 384, down from 448 recorded in March, 409
* Talks with Noble-Delek for additional supply to Vassiliko “going well” * The next 6-12 months will be crucial for the decision whether to proceed or not with the land-based LNG liquefaction
Interest rates on loans to households recorded a general decrease in May, according to data from the Central Bank of Cyprus for deposits and loans. The figures show that the interest rate
Contraction in the economy will be at 4% of GDP this year, according to the Finance Ministry macroeconomic indicators for May. This is an improvement over the 4.2% revised prediction by the
. By Oren Laurent President, Banc De Binary Football fans will tell you that only one team can win the World Cup. That may be true – on the pitch. But in
. Marcuard’s Market update by GaveKal Dragonomics With US equities making new highs and another earnings season now under way, it is a good time to remember that to be sustainable, a
. President Nicos Anastasiades pledged last Friday that growth constitutes a priority for his government and that he will follow through with reforms to change the country for the better. Alas, the
* Cyprus has 102 managed funds with €3 bln, Malta has €9.4 bln and Ireland €2.5 trln * Fund managers in Cyprus are urging the state to consider issuing Islamic bonds (Sukuk)
