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Bond listings on Emerging Companies Market of Cyprus Stock Exchange

. The Cyprus Stock Exchange’s Emerging Companies Market (ECM) recorded a new milestone in its history following the debut of bonds on the Exchange in addition to the recent listing by Wargaming

11th November 2011
Comment

Property values: Impossible to forecast medium-term trends

. GEORGE MOUSKIDES The economic crisis in Cyprus has significantly affected property values downwards over the last three years. What can we expect for prices from here? If someone wants to buy

11th November 2011
Comment

Cyprus Editorial: Tax hikes will kill growth

. Cyprus is about to get on a runaway train headed for tax rises that could not have come at a worse time – as Europe and the euro zone tries to

11th November 2011
Comment

Greeks welcome news on PM, await crisis cabinet

– Papademos faces serious challenges on implementing reforms Greeks lauded the nomination of new prime minister Lucas Papademos on Friday and expressed hope his government could put the economy back on track

11th November 2011
Business

Italy Senate votes as Berlusconi era nears end

Italy's Senate on Friday began debating economic reforms demanded by the European Union at the start of a rapid process that will end the Berlusconi era and clear the way for an

11th November 2011
Business

Cyprus FinMin expresses discontent over credit rating agencies tactics

Finance Minister Kikis Kazamias has expressed discontent over the way a number credit rating agencies operate, creating concerns in markets and turning to become “part of the problem”. Asked, after a meeting

11th November 2011
Cyprus

European Commission requests additional measures for Cyprus economy

Cyprus is amongst a group of three Eurozone countries, along with Malta and Belgium, and two non-Eurozone members, Poland and Hungary, which European Commission Vice President for Economic and Monetary Affairs Olli

11th November 2011
Business

Cyprus decides on new economic measures and benefits

New measures aiming to constrain public expenditure and consolidate public finances are expected to be discussed at a Cyprus Cabinet convention schedule to take place Friday afternoon. The Ministerial Council is also

11th November 2011
Business

Greece PM to name crisis cabinet, euro zone shudders

Greece's prime minister designate will name a new crisis cabinet on Friday to roll out painful austerity measures and calm the political turmoil that has threatened to bankrupt Athens and force it

11th November 2011
Cyprus

Eurogroup’s Juncker rules out expulsion of euro members

Eurogroup head Jean-Claude Juncker ruled out on Thursday the possibility of expelling any country from the euro zone, saying such a move is not possible under European treaties. "I exclude the hypothesis

11th November 2011
Business
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