Cyprus Editorial: Scraping the barrel

. This government is getting so desperate for cash that it is resorting to unconventional, or at least previously ‘untouchable’, sources to raise the necessary funds to pay down the huge public

Hellas Sat gets 20 year reprieve

 * OTE considers selling to raise 150 mln euros * Satellite operator Hellas Sat has renewed its orbital slot for an additional 20 years to 2041 following an agreement with the government

Cyprus car importers face survival problems

* Market shrinks by 50% from 2008, fewer companies and employees * The Annual General Meeting of the Cyprus Motor Vehicles Importers Association (SEMO) was recently held in Nicosia, where the serious

Cyprus gas export income to flow by 2019

Cyprus should generate foreign income from the export of natural gas by 2019, trade and industry minister Neoclis Sylikiotis said on Friday, which is too far in the future to help the