Even as tourism and construction showed weaknesses, the economic performance showed resilience, argued Finance Minister Constantinos Petrides speaking at the 10th AGM of the Cyprus Investments Fund Association (CIFA). Petrides underscored the
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
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
In the early hours of February 24, Russia’s President Vladimir Putin announced his long anticipated war in Ukraine. In his address to the Russian people he said, “I am referring to what
Seldom in the financial industry do markets run out of bad apples. Despite measures taken in the past, the current leadership of CySEC, the country’s top securities watchdog, is determined to take tougher
Unlike past presidential races, the 2023 one has begun almost a year earlier than usual. Some believe that Achilleas Demetriades, a well-known human rights lawyer with moderate and pro-solution views, kick-started the
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
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,
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
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
