By Lukman Otunuga, Research Analyst at FXTM 2016 has been quite phenomenal for the financial markets as repeatedly unforeseen events sparked frightening levels of volatility across the board. The year started on a shaky footing in January with fears of slowing global economic growth, sending global stocks into an official bear market by February. Uncertainty
More
. By Antonis Loizou FRICS – Antonis Loizou & Associates Ltd – Real Estate & Project Managers From information that I have gathered from young couples, especially those starting a family with children, here is a summary of my conclusions and the feedback I have received: • The choice for apartment is primarily based
More
New regenerative therapies for heart disease, novel algorithms to make computer networks more resilient, a pioneering treatment for psychological conditions and better understanding of how illicit markets work, are examples of the challenges at the frontiers of knowledge that the new grantees of the European Research Council are going to take on. The ERC
More
. By Dr. Jim Leontiades Cyprus International Institute of Management Who can predict what lies in the year ahead? Could anyone have foreseen the Trump presidency one year ahead or the fact that Italy’s prime minister would be ousted by a party headed by a professional comedian? I don’t think so. But to a larger
More
. By Dr. Andrestinos N. Papadopoulos, Ambassador a.h. As we celebrate the 45th anniversary of the establishment of China-Cyprus diplomatic relations, it comes readily to mind a Chinese saying which wisely states that, “Even the longest journey in the world starts always with a first step”. Indeed, that first step was taken 45 years ago,
More
. In his address at the 45th anniversary of the establishment of Cyprus-China diplomatic relations on Monday, President Nicos Anastasiades said that “China and Cyprus have been trusted friends and partners for decades. Since the establishment of diplomatic relations in 1971, our two countries have established a cordial and dynamic relationship that managed to withstand
More
The government plans to buy back some EUR 668 mln of six-year securities maturing in July 2019 with a yield of 7.84%. The Finance Ministry’s Public Debt Management Office said it will buy back outstanding government development stock maturing on July 1, 2019 at a price of EUR 107.84 per EUR 100. Interested bondholders
More
Finance Minister Harris Georgiades announced the government is preparing a new tax framework which will further strengthen the investment funds sectors in Cyprus, noting this new framework will render the island one of the most attractive investment jurisdictions in the EU, according to the Cyprus News Agency. Speaking at the Cyprus Investment Funds Agency
More
The economy marked growth for the sixth consecutive quarter, with the GDP growth rate in real terms during the third quarter of 2016 reaching 2.9% over the corresponding quarter of 2015, according to the statistical service Cystat. Based on seasonally and working day adjusted data, GDP growth in real terms is estimated at +2.9%.
More
President Nicos Anastasiades has called on the political parties not to undermine the country’s economic prospects by rejecting government reform bills. His remarks came as the Parliament rejected last week government bills on reforms in the civil service, including a bill that would have put a ceiling on increases in the public sector wage
More