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Cyprus abolishes double taxation with Kuwait, Slovenia

The Council of Ministers approved Monday an agreement to avoid double taxation with Kuwait and Slovenia, Deputy Government Spokesman Christos Christofides announced. Following the meeting of the Ministerial Council, Christofides said that

28th September 2010
Business

Limnitis check point in Cyprus to open October 14

Presidential Commissioner George Iacovou has said that the Limnitis check point will most probably be opened on October 14. Replying to questions on the sidelines of the meeting of the National Council's

28th September 2010
Business

Commission says return of Varosha a key element of Cyprus solution

The European Commission believes that the return of the fenced off town of Varosha to its lawful inhabitants will be one of the key elements for the achievement of a comprehensive settlement

28th September 2010
Business

Greek banks’ recent trends justify continued negative outlook – Moody’s

The continued weak and deteriorating asset quality and funding conditions among Greek banks continue to justify a negative outlook on the Greek banking sector as well as on the banks' standalone ratings,

28th September 2010
Business

Cyprus LFS unemployment rate climbs to 6.4%

The unemployment rate according to the quarterly Labour Force Survey climbed to 6.4% of the labour force in the second quarter of 2010. This was lower than the 7.2% recorded in the

27th September 2010
Cyprus

Cyprus retail trade shows signs of recovery in July

Retail trade showed signs of recovery in July, marking its second straight month of increase, after a volatile few months that were preceded by over a year of decline. According to provisional

27th September 2010
Cyprus

Cyprus construction materials prices rise 0.5% in August

The price index of construction materials for August 2010 reached 120.87 (base year 2005=100.00), recording an increase of 0.48 % over the previous month. Compared with the same period of the previous

27th September 2010
Cyprus

Barclays offers bank accounts to prison inmates

Barclays said it was offering bank accounts to prison inmates as part of a programme to help reintegrate offenders. Barclays, Britain's fourth-biggest bank by market value, plans to extend the scheme to

27th September 2010
Business

Moody’s slashes Anglo Irish ratings, rattling market

Credit agency Moody's slashed its ratings on Anglo Irish Bank's lower-grade debt, rattling investors as Dublin tots up the final cost of rescuing a lender whose soured loans have crippled the country's

27th September 2010
Business

Saab owner Spyker in talks with BMW, Spyker shares up

Saab owner and luxury car maker Spyker is in talks with German peer BMW about parts and technology in a move that could help it reach a goal of trebling sales volumes.

27th September 2010
Business
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Euro slows, dollar climbs with US tariffs gripping markets

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Gold trades in a tight range around $3,340 on Wednesday,

Trump’s crypto portfolio crashes 78% in H1

Finbold has just released its H1 2025 Cryptocurrency Market Report,

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