Grant Thornton (Cyprus) Ltd http://www.gtcyprus.com , one of the leading accounting practices on the island, has admitted three new partners to the firm: Froso Yiangoullis (Assurance Partner), Melpo Konnari (Advisory Partner) and Antonis Loyides (IFRS and Training Partner). The firm, which joined the Grant Thornton network in 1982, offers a full range of assurance, tax,

 * Misses end-January target ; Deposit outflow stabilised, NPLs at 40% * The Bank of Cyprus, which, together with the defunct Laiki Popular used to account for 80% of the volume traded on the Cyprus Stock Exchange, is struggling to return to a state of normalcy by getting its shares listed on the local stock

Hellenic Bank is the first financial institution to receive the international ‘green key’ accolade for its eco-friendly head offices in Nicosia, ranking it among the leading conference facilities with services and facilities that care for the environment. The Group has also introduced an environmental policy that includes administration procedures, staff programmes and better control of

Leptos Kamares Village, the flagship development of Leptos Estates in Paphos, is celebrating its 35 th anniversary, with over 1200 villas built on the hills overlooking Paphos, close to the 12th century Monastery of St Neophytos and near the Tsada golf course. The project is characterised by its stone arches, landscaping and traditional stone work.

President Nicos Anastasiades briefed all interested parties on Wednesday on the recent agreement signed with the U.K. government in London that will allow the development of privately-owned properties within the twin British military base areas on the island. The presentation took place at the Presidential Palace with the participation of political parties, MPs, local authorities, representatives

The natural gas reserves in the offshore Cyprus exclusive economic zone and the scheduled new round of drilling next Autumn will create an unprecedented impetus in the country’s waters, Communications and Works Tasos Minister Mitsopoulos said at a conference in Larnaca on blue growth. The Minister said that there is aneed for Cyprus to plan

The Index of Industrial Turnover in Cyprus for October decreased by 14.6% year-on-year from October 2012, the statistical service Cystat announced. The Index reached 84.1 units (base 2010=100), while marking a decrease of 14.4% during the January – October period, compared to the corresponding period of the previous year. For Manufacturing, the index for October

 * Germany’s Bafin, UK’s FCA probe Commerzbank deals * Cyprus aims to attract a rising number of investment firms and companies providing fiduciary services, as regulation will become universal this year and all companies will fall under the scrutiny of the Cyprus Securities and Exchange Commission (CySEC). The head of the investment watchdog body said