Cyprus has achieved ‘very good progress’ as regards the implementation of the rescue plan agreed with its international lenders, a Eurozone official said in Brussels on Tuesday, adding that the Troika assessment
The only ray of hope in the economy is a rise in exports in the first eight months of the year, which, coupled with a drop in imports, has helped reduce the
The outlook for the UAE's banking system has been changed to stable from negative, Moody's Investors Service said in a new report. The outlook change reflects the continued improvements in the operating
Emerging Asian currencies took a battering and regional shares tumbled to six-week lows on Wednesday as mixed signals from Federal Reserve officials raised fresh concerns about an imminent rollback of the U.S.
Some forecasts on the Cypriot economy by Credit Rating Agencies would be disproved much earlier, Finance Minister Charis Georgiades said Tuesday commenting on Fitch Ratings` gloomy forecasts for the Cypriot economy. Minister
A package deal comprising the 2014 EU budget and the financing of EUR 400.5 million to remediate flood and drought damages in four member states was agreed today by the Council and
An International Monetary Fund team of experts is visiting Cyprus to scrutinize the Cypriot solvency law. A reliable source told CNA today that the team arrived in Cyprus yesterday and will meet
President of the Republic Nicos Anastasiades has said that in December the government of Cyprus will announce its Youth Guarantee Implementation Plan. In his intervention at the EU Conference on Youth Employment,
Cyprus has achieved ‘very good progress’ as regards the implementation of the economic assistance program agreed with its international lenders, a Eurozone official said Tuesday in Brussels. The official noted that Troika’s
A powerful chain of PMIs was released in the eurozone last week, all beating economists' expectations and injecting the eurozone with a much needed boost of positivity. The Markit PMI Composite for
