Eurogroup President Jeroen Dijsselbloem has expressed his full satisfaction over the course of the implementation of the Cyprus Economic Adjustment Programme, as presented in the progress report of the Troika of international lenders. In a statement after the Eurogroup meeting on Thursday, Dijsselbloem said that “on Cyprus, we took stock of the main results of
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The new president of the Cyprus Cooperative Central Bank (CCB), Nicolas Hadjiyiannis, said that immediate priorities include the appointment of a new chief executive and the drafting of a roadmap by the end of November which is a requirement set out by the Memorandum with the Troika of international lenders. Hadjiyiannis said in an interview
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Oh how those Italians love their espresso. And now, they'll be able to have a doppio on the go in the new Fiat 500L. At the presentation of the car to the Cyprus press in Nicosia this week, Fiat distributors CIC Automasters announced that the 500L is "the first standard-production car in the world to
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You know the festive season has arrived when it’s time for the annual Christmas light-up. Come join us for an afternoon of family activities, food, and live kids’ entertainment to welcome the holiday season at Lanitis Carob Mill, in Limassol. Join Santa in a countdown to light up the Christmas tree and the all singing
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Dynamic Works, a leading Cyprus-based provider in web, intranet, extranet, CRM (customer relationship management) and business management solutions has launched its low-cost, quick-to-use eCommerce website solution, xSelio. The new services targeting small to medium-sized enterprises (SMEs) aims to break down barriers preventing businesses to grow in the retail sector, by providing what was previously a
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The Minister of Culture and Education, Mr Kyriakos Kenevezos, and KPMG proudly opened an exhibition of 32 new paintings by Vartan Tashdjian, one of the most important contemporary artists in Cyprus, on the 12th of November. Many high profile guests attended the opening event, which included a screening of a documentary about Vartan’s life and
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The long-stalled construction of a state-funded mosque in Athens came a step closer on Thursday with the announcement that a consortium of Greek companies had won the tender to build it. Athens has not had a formal mosque since Greece won independence from occupying Ottomans in 1832 and has been criticised by human rights groups
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Liechtenstein, whose banks have been accused by the United States and other countries of facilitating tax evasion, said on Thursday it would end its practice of helping foreigners hide money from their tax authorities. The move highlights how Liechtenstein has moved more quickly than neighbouring Switzerland, possibly the world's most important offshore financial centre, in
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Germany challenged a central plank of plans to forge a banking union in the euro zone on Thursday, arguing against the use of the currency bloc's funds to help lenders exposed as dangerously weak by health checks next year. As finance ministers gathered in Brussels to outline plans to deal with banks still in difficulty,
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Twitter Inc said on Thursday it would introduce self-serve ads for small- and medium-sized businesses in three countries outside the United States, marking one of its first moves to expand revenue as a publicly listed company. Businesses in the United Kingdom, Ireland and Canada will be able to buy "promoted" ads that can be shown
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