Wave of new regulation tops insurance risks

‘Banana Skins’ poll pinpoints key concerns for insurers The greatest risk currently facing the insurance industry comes from the wave of new regulations which are being introduced at international and local levels,

Cyta records 64 mln euro profit for 2012

State-owned Cyprus Telecommunications Authority (Cyta) recorded profits for 2012 despite the challenging economic environment with earnings from operations amounting to 63.7 mln euros compared to 67.2 mln in 2011. At the same

Troika back in Cyprus for first review

* Bank of Cyprus reform “urgent”; Gold sale not only option The Troika inspectors from the international lenders that have pledged to provide a 10 bln euro rescue package are back in

Russia seeks greater role in East Med

The past weeks have seen a surge in diplomatic activity between Cyprus and Russia, according to the think-tank Middle East Strategic Perspectives. A parliamentary delegation headed by Speaker Yiannakis Omirou arrived in