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… but bigger chance of maintaining workforce than last year Business leaders in Cyprus are less confident about the growth prospects of their company over the next 12 months, according to the

Despite the lack of credit and some rising costs, many foreign businesses are committed to staying in Cyprus, nearly two thirds of whom are looking to expand their operations in the medium-

Further easing of the restrictions on bank transactions were announced on Friday. According to the decree, issued today by the Minister of Finance Harris Georgiades, the further easing of the restrictions includes:

Pafos Aphrodite Festival will be setting up a chorus which will participate in this year’s co-production of Mozart’s Così fan Tutte with Opera Futura, Verona as well as in future productions. The

The state of Cyprus’ economy is today much better than original expectations, while the financial sector is stabilizing, the President of the Eurogroup, Joeren Dijsselbloem has told the Committee on Economic and

Non-performing loans (NPLs) are a great challenge facing the Cyprus Cooperative Credit Institutions, Chairman the Cooperative Central Bank Nicolas Hadjiyiannis has said. The Coops have been nationalized when the Cypriot government injected

The Cabinet approved on Thursday a 300 mln euros state guaranties’ scheme for Cypriot banks, in order to secure loans from the European Investment Bank (EIB) to finance developments projects and small