Going ahead with natural gas infrastructure plans is important both financially and politically, Minister of Commerce, Industry and Tourism Neoclis Sylikiotis has said. In statements he made after a meeting he had
Minister of Finance Vassos Shiarly has stressed that Cyprus has nothing to hide and expressed Cyprus’ readiness to acquiesce any money laundering or exchange of information for taxation purposes related probe by
Despite the uncertainty surrounding the Cyprus bailout, both domestic and non-resident banks deposits rose in December according to figures released on Monday by the Central Bank of Cyprus. Total deposits rose by
Fitch Ratings has downgraded the Republic of Cyprus's long-term foreign and local currency Issuer Default Rating (IDRs) to 'B' from 'BB-', with the short-term IDR affirmed at 'B' and the outlook on
Tech-heavy South Korean shares led the broader Asian share index lower on Monday on fears of weaker earnings, but improving economic prospects in Europe and solid U.S. profit reports underpinned sentiment. Gold
The Federal Reserve's ultra-loose monetary policy is a root cause of the "currency wars" that some see as a looming threat to the world economy, but don't expect the U.S. central bank
The head of the European Central Bank (ECB) has clashed with Germany's finance minister over Cyprus, arguing that failure to bail out the tiny island nation could endanger the wider euro zone,
Archbishop of Cyprus Chrysostomos II has said that a Cyprus gas pipeline could pass via Turkey if that would serve Cyprus` national interests. In statements Sunday to the press, the primate of
Cyprus Unit for Combating Money Laundering (MOKAS) enhances its capabilities to prevent and combat transnational organized crime, in particular money laundering and terrorist financing, through a relevant project contract signed on Friday.
Opinion by Fiona Mullen, Director, Sapienta Economics Ltd Whether he or she is based in Frankfurt or Nicosia, the person who alerted the opposition Democratic Rally (DISY) to the imminent collapse of
