On the campaign trail

The latest news on the campaign trail in the runup to the 2023 presidential elections is that leftist opposition AKEL seems to favour Andreas Mavroyiannis, a close associate of President Anastasiades whom

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ECB unconvinced by RCB transformation

Clearly, the transformation of RCB into an asset management company was warranted by sanctions against Russia and Russian interests following Putin’s invasion of Ukraine. Initially, the bank tried to evade these sanctions

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Labour market distortions

Averof Neophytou, the ruling party chair, raised the issue of minimum guaranteed income in parliament earlier this week, which is currently at €500 per month for people who have no source of

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Putin’s power play

Vladimir Putin has much to be proud of. He has restored Russia as a first-class military power and, although per capita income at just above $10,000 (2020) leaves much to be desired,

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Restoring trust after Pandora Papers

The European Parliament opened Pandora’s box for Cyprus and its political system following the release of the now-famous Pandora’s Papers that exposed countries, politicians involved or connected to dirty money and the

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Financial risks from unregulated cryptos

Digital currencies could trigger a financial meltdown unless governments take swift action to regulate this market, the Guardian quoted a senior Bank of England policymaker as saying. Likening the growth of cryptocurrencies

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IFX Expo 2021 hailed a success

Another successful event was held by IFX Expo International 2021 this week in Limassol at the Parklane Hotel, where dozens of financial services firms, including many other service providers, gathered to promote

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