The European Investment Bank has approved a loan of up to EUR 100 mln for key investments in Cyprus. The loan will be used for investments in priority areas identified in the
* Capital controls could be eased in days or weeks Cyprus seems to backing away from the sale of gold reserves under the international bailout agreed this month and is still exploring
. By Dr. Jim Leontiades Cyprus International Institute of Management A Euro exit by Cyprus today would bring major costs and hardship, not least in the form of a steep devaluation. There
. Marcuard's Market update by GaveKal Research The Cahuzac affair in France has conveniently emerged just as the search for possible scapegoats to Europe’s quandary was intensifying. Thanks to the former French
. By Andrestinos Papadopoulos, Ambassador ah. The visit of Foreign Minister Ioannis Kasoulides and Minister of Commerce, Industry and Tourism, George Lakkotripis to Israel was preparatory to President Nicos Anastasiades’ visit scheduled
. By George Mouskides The majority of property owners in Cyprus belong to the middle class. Civil servants, bank employees, those in the semi-governmental sector and mid-size businesses make up most of
. The ink on President Anastasiades’ declaration for growth and jobs announced last Friday has hardly dried and it has already given rise to concerns that some of these proposals will not
Playing his first clay-court singles match of the season, Cyprus tennis ace Marcos Baghdatis was beaten Tuesday by qualifier Evgeny Korolev 7-5, 7-6 in the first round of the BMW Open in
The 10 bln euro bailout agreement scraped through parliament in a razor-thin vote Tuesday, with Cyprus narrowly escaping default in the most trying 40 days of its recent history. MPs from the
A Euro exit would pose deadly risks for Cyprus both financially and politically, a group of 23 economists and academics said Tuesday, in a document outlining six reasons to avoid a return
