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Cyprus Government strives to support businesses, says Minister of Commerce

The government is striving to support businesses, Minister of Energy, Commerce, Industry and Tourism Yiorgos Lakkotrypis, said on Wednesday. According to an official press release he was addressing the Nicosia Chamber of

24th October 2013
Cyprus

EU funds to be used to restart Cyprus economy

Cyprus will receive a total of €874 million from EU structural funds during the period 2014 – 2020, which will be used mainly in the effort to restart the economy. The above

24th October 2013
Cyprus

New Bank of Cyprus CEO ‘excited’ over appointment

The newly appointed chief executive of Bank of Cyprus John Hourican said he was “very excited” about the new challenge in a country with such a large banking sector, according to the

24th October 2013
Cyprus

Cyprus central banker faces fresh pressure over bailout

– Cypriot central banker at centre of storm over consultants' fee  – "Bail-in" funded Cyprus bank recapitalisation The embattled head of Cyprus's central bank was plunged into a new controversy on Wednesday

24th October 2013
Cyprus

Greek police arrest second Roma couple suspected of child abduction

– A couple living with baby arrested on Lesvos – Police say initial evidence shows they are not the parents – Arrests come after the "blonde angel" Maria case rocks country A second

24th October 2013
Cyprus

Prince William and Kate hold private christening for new prince

Just 21 guests were invited to the christening of Britain's Prince George on Wednesday, a sign of how much his parents intend to guard the privacy of a baby born to be

23rd October 2013
Cyprus

European Commission to push EU leaders on single telecoms market

Creating a single telecoms market in Europe and cutting the cost of doing business over the Internet could boost the region's economy by 4 percent by 2020, the European Commission will tell

23rd October 2013
Business

Cyprus FinMin: Imbalances in public finances and credit expansion must be rectified

The Cypriot economy will return to growth on a sound and sustainable basis when the two fundamental problems of the economy, the imbalances of public finances and the untargeted and irrational credit

23rd October 2013
Cyprus

Facebook removes beheading video, updates violent images standards

Facebook Inc removed a video of a woman being beheaded from its website on Tuesday and said it would use a broader set of criteria to determine when gory videos are permitted

23rd October 2013
Business

Australia inflation surprise highlights rising price pressures in Asia

Inflation in Australia quickened in the September quarter, the latest in the Asia Pacific region to show a pick-up in price pressures that could limit the scope for policymakers to inject more

23rd October 2013
Business
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