The European parliament’s page on the 2014 Euro elections is now online at www.elections2014.eu with all the information one needs regarding the lection of MEPs, the political groupings and the process that will take place throughout the EU28 on May 22-25. Cyprus, which elects six MEPs, will go to the polls on May 25, while a
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As tributes poured from EU and world leaders, Nelson Mandela was hailed on Thursday evening (5 December) as a hero, a 'great light'. The man who led the triumphant fight against apartheid in South Africa and became that country's first black president. "A great light has gone out in the world," British Prime Minister David
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Cyprus, under a financial adjustment programme revealed Thursday a privatization plan aiming at securing €1.4 billion by the end of 2018, stipulated in a €10 billion financial assistance package it signed with its international lenders. The detailed programme provides for the privatization of Cyprus Telecommunications Agency (Cyta) and the Cyprus Port Authority by the end
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Cyprus slipped into deep deflation in November with the rate of inflation receding to -2.1% on an annual basis, the highest deflation rate for 2013, figures released on Thursday by Cyprus` Statistical Service show. Cyprus shows deflationary pressures for the eighth month since last April with the exemption of June when the inflation stood at
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Cyprus is among the countries included in the UNESCO List of Intangible Cultural Heritage regarding the Mediterranean diet, the recognition of which was approved during the Intergovernmental Committee meeting on the UNESCO Convention for the protection of Intangible Cultural Heritage, taking place in Baku, Azerbaijan, from December 2 to 8. According to a press release
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The Cyprus council of ministers set out the roadmap for the privatisation of government services and enterprises that will take three to four years to conclude, with the first being the state-owned telecom operator Cyta. Government spokesman Christos Stylianides said that the cabinet unanimously adopted the finance minister’s proposal based on the memorandum of understanding
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Cyprus remains an attractive investment destination and a competitive center for international business, President Nicos Anastasiades said in his address to the meeting in Limassol hosted by the Securities and Exchange Commission (CySEC) for senior executives of investment firms and administrative service providers. “This year finds Cyprus going through one of the most critical periods
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EU antitrust regulators fined six financial institutions including Deutsche Bank, Royal Bank of Scotland and Citigroup a record total of €1.71 billion today (4 December) for rigging financial benchmarks. The penalty is the biggest yet to be handed down to banks for rigging the benchmarks used to determine the cost of lending, one of the
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Regional stakeholders from all over Europe are pressing the European Commission to show more flexibility over new guidelines on state aid for airports and airlines, warning these could have “damaging consequences” for local economies. The proposed revision of state aid rules to airports and airlines, unveiled by the European Commission in July this year, will
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Cyprus is out of "the danger zone" Cypriot Minister of Finance Harris Georgiades has said, adding that the recovery is due to Cyprus` willingness to commit and enact reforms quickly. In an interview with CNBC in the US, where he held a series of meetings with US officials, including his US counterpart Jack Lew, Georgiades
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