International businesses continue to use Cyprus as their base, despite a €10 billion bailout agreement that featured a haircut on uninsured deposits in a bid to recapitalise the island’s largest banks, auditors
The economic sentiment in Cyprus improved in October, according to the European Business and Consumer Survey, published on Wednesday by the University of Cyprus. The Economic Sentiment Indicator reached 83.3 units in
* CEO Hourican to deal with McKinsey plan for split, NPLs * The Bank of Cyprus shares that resulted from the bail-in by depositors who are now the new shareholders of the
Airports operator Hermes impounded a Cyprus Airways Airbus at Larnaca on Wednesday morning due to a 4 mln euro debt that the troubled state-controlled carrier has amassed with the company. But Cyprus
Portugal’s BCP Millennium placed its 4.6% stake in Piraeus Bank via an accelerated book building process with the 235.3 mln shares and warrants offered at a 8.5% discount from Monday’s close of
Russia has denied reports that its intelligence services spied on hundreds of foreign delegates at a Group of 20 summit in St Petersburg in September using gifts such as teddy bears, diaries
Angela Merkel's top foreign affairs and intelligence advisers will quiz officials in Washington on Wednesday over the activities of U.S. spies in Germany, including allegations they tapped the German chancellor's phone. The
World shares and gold inched higher on Wednesday as investors wagered that the U.S. Federal Reserve would signal plans later in the day to keep its stimulus intact for several more months.
A group of 12 ceramists from Cyprus are currently participating in a joint celebration of contemporary ceramic works together with Maltese ceramists in Malta. Altogether they are showcasing some 60 contemporary ceramic
A group of 15 Egyptian journalists from Cairo and Alexandria visited Paphos and Limassol for a four day trip, following a special invitation by the Leptos Group. During their stay they visited
