After seven quarters of losses and a severe restructuring plan imposed as part of a national bailout, the island’s biggest lender Bank of Cyprus has turned a profit of 31 mln euros
. Marcuard's Market update by GaveKal Dragonomics In the mid-1990s Thailand’s over-built and excessively geared economy provided a clear early warning signal for the troubles about to engulf the rest of emerging
. By Oren Laurent President, Banc De Binary Never before has the European Parliament comprised of so many eurosceptics. As 28 EU nations went to the polls last week, the uncertainty and
. Just as motorists are often confused over which lane to choose on the highway, ending up driving down the middle (and causing unnecessary hardship to others), so, too, are Cypriot politicians,
. Marcuard's Market update by GaveKal Dragonomics The benchmark 10-year treasury yield has traded sideways in a range from 2.5% to 3% since the taper tantrum of last summer. Now it is
The Cyprus government has lifted all restrictions in domestic banking on Friday, with the final hindrance of opening local accounts now removed, due to a satisfactory rate of local liquidity and a
The creditworthiness of European Union (EU) sovereigns may, over the longer term, benefit from the Bank Recovery and Resolution Directive (BRRD)/Single Resolution Mechanism (SRM) package, and, more broadly, the steps taken by
Four banks in Cyprus, namely the Bank of Cyprus, the Hellenic Bank, the Co-ops and the RCB Bank, will be directly supervised by the European Central Bank as of next November. The
Ermes Department Stores Plc., the retail operating arm of the Shacolas Group, has agreed to sell its 50% stake in the airports shops operator CTC-ARI Holdings to joint venture partner Aer Rianta
The Paphos Regional Board of Tourism sad that the region and Cyprus in general will get a major boost from Ryanair’s resumption of direct flights to Rome as of next October. The
