The Finance Ministry issued late Sunday the eighth decree on capital controls, easing further capital restrictions. Under the new decree, transfers per persons are increased to €3,000 per month within the Republic,
As investors Carl Icahn and William Ackman bickered loudly on TV earlier this year about their opposing bets on Herbalife, two other men were discussing the company in a different context: getting
President Vladimir Putin told astronauts in orbit on Friday that Russia will send up the first manned flights from its own soil in 2018, using a new launch pad he said will
Russia's economy is at risk of sliding into recession by autumn and the government may need to implement stimulus measures to shore up growth, Economy Minister Andrei Belousov said on Friday. "We
European shares fell on Friday to end a four-day winning streak, as concerns among investors over Cyprus' economy and the euro zone's debt crisis weighed on equity markets. The pan-European FTSEurofirst 300
President of the Republic of Cyprus Nicos Anastasiades will send letters to the Presidents of the European Commission and the European Council, in which he will stress the need for a change
Cyprus remains a major maritime center, Communications and Works Minister Tasos Mitsopoulos has assured, adding that Cyprus shipping continues business as usual. In a speech during the East Med Marine Exhibition on
The Cyprus Government has not requested additional financial assistance under the Memorandum with the Troika, Government Spokesman Christos Stylianides has said. In a written statement, Stylianides clarified that “what the President of
The Cypriot authorities will sign on Friday a cooperation agreement with Deloitte to carry out an audit of the implementation of rules and regulations against money laundering as these are incorporated in
European shares edged lower on Friday to end a four-day run higher, with some traders citing concerns that Cyprus may need more bailout money as a main factor weighing on markets. The
