Foreign Minister says Cyprus supports Egyptian people

Cyprus Foreign Minister Ioannis Kasoulides has expressed the nation's solidarity to the people of Egypt where the military ousted the country’s Islamist president Mohamed Morsi on July 3 sparking popular mass protests. Kasoulides

Cyprus credit card use slows down

Credit card purchases in Cyprus have recorded a decrease in January-July 2013, compared to the same period of last year, according to data released by clearing house JCC Payment Systems. The purchases

Is there life after a haircut of deposits?

Taking stock of the resolution of the Cyprus banking crisis By Theodore Panayotou Cyprus International Institute of Management (CIIM) The saga of how the two main Cypriot banks got into trouble and

The Due Diligence List for a business appraisal

. By Rakis Christoforou Director, RC Business Valuation & Forensic Accounting Ltd. Due diligence needs to be considered when dealing with business appraisals; this involves delving into the background of a business,

Cyprus CPI down 1.46% in July

* Summer discounts push prices down * The Consumer Price Index for July decreased by 1.75 units or 1.46% to 118.04 units compared to 119.79 in June, according to the Statistical Service