European Parliament President Martin Schulz has reaffirmed the EU's position that the door remains open to Ukraine after its decision to put on hold its EU association process last month in favour
After negotiations that lasted 12 hours Europe’s Finance Ministers, during the ECOFIN meeting agreed on one of the main pillars of the future banking union – the single resolution mechanism (SRM) regulation.
The Cyprus is in the process of improving cooperation and information sharing with Russia in order to meet the new standards, said Ambassador of Cyprus in Moscow Yiorgos Casoulides. Speaking during a
Wizz Air, the largest low-cost airline in Central and Eastern Europe*, today announced new routes from Larnaca (Cyprus) from April 2014. The new routes, which are part of a long term development
Germany's new Foreign Minister Frank-Walter Steinmeier yesterday (17 December) criticised both Russia and the EU in their tug of war regarding Ukraine. In the meantime, Ukrainian President Viktor Yanukovich obtained massive Russian
Italy has raised concerns with other European governments over a UK proposal for ‘traffic light’ food labels across the 28-country bloc, saying the scheme to warn consumers of high fat or salt
The Cooperative Central Bank will appoint its new CEO in the next ten days, President of the Committee of the CCB Nicolas Hadjiyiannis told CNA. The Cooperative Credit Institutions have been nationalized
Bank of Cyprus said a deterioration in its loan book in the third quarter and the cost of staff redundancies has pushed the Core Tier 1 liquidity ratio down 3 bips from
* Block 12 may have 1.49bln barrels of crude * Noble Energy expects the first natural gas to be produced from its Block 12 concession in the first half of 2019, despite
. By Dr. Jim Leontiades Cyprus International Institute of Management www.ciim.ac.cy Have you ever wondered why so many small countries rely on banking as their primary industry? A partial list of these
