Europe is closing its innovation gap with the United States and Japan but differences in performance between EU Member States are still high and diminishing only slowly, according to the European Commission`s
Fitch Ratings has maintained the Bank of Cyprus’ covered bonds ‘B’ rating on negative watch. Fitch is “continuing to monitor the impact of the current economic environment on the performance of the
The Troika of international lenders has radically altered the memorandum so that the 130,000 title deeds backlog will no longer be required to be cleared by the fourth quarter of this year,
. Marcuard's Market update by GaveKal Dragonomics Markets were taken off-guard by a sudden depreciation of the renminbi in the past week. Are we seeing the end of the era of RMB
. By Oren Laurent President, Banc De Binary We’re all guilty of remarking on the weather obsessively in our social interactions. When is the last time that it rained and you refrained
The House of Representatives passed the landmark privatisation bill on Tuesday, in a narrow vote of 30 in favour and 26 against, overturning last Thursday’s marathon session that resulted in a hung
The market opened Monday under a cloud of risk aversion with the ongoing Ukraine and Russia tensions and uncertainty depressing the market. Investors shifted their focus to safe haven assets, such as
The Hellenic Bank announced losses of €191 mln for 2013, compared to 23.4 mln losses in 2012, with the second biggest Cyprus lender saying that the losses include the €29 mln cost
The Bank of Cyprus said on Friday that its losses for 2013 stood at €2.04 bln, 8% down from the year-earlier losses of €2.214 bln, with the biggest headache for the island’s
Revenue from tourism recorded a significant rise of 8% or €154.7 mln in the year 2013, reaching €2,082.4 mln, from €1,927.7 mln in 2012, according to data released by the Statistical Service
