Rating agencies turn spotlight on elections

Credit rating agencies are keeping an eye on Cyprus’ presidential elections in February to conclude how the island’s new administration will be running public finances, say economists. Rating agencies will launch a

Cyprus condemns Turkish violations

In a letter to UN Secretary-General Antonio Guterres, Cyprus denounced Turkish violations of its national air and maritime space from January-August. The letter from the UN Permanent Representative of Cyprus, Ambassador Andreas

EU Single Market turns 30

The Single Market has led to an unprecedented market integration between Member State economies, serving as a driver for growth and competitiveness, said the European Commission to mark its 30th anniversary. “Established on

Eurobank edging towards Hellenic takeover

Eurobank is moving closer to a takeover of the island’s second-largest lender after solidifying its position as Hellenic Bank’s major shareholder acquiring another 3.2%, essentially buying out Senvest Management LLC. Combined with

No more festive cheer

By Craig Erlam A mixed start to trading on Tuesday as traders return following the festive break to some rather gloomy forecasts for the coming year. The IMF is among those warning

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