The Cyprus State Fairs Authority has announced that the 38th Cyprus International Trade Fair 2013, which was initially scheduled to be held from the 24th of May until the 2nd of June 2013, will eventually take place from the 4th of October until the 9th of October 2003. The Cyprus State Fairs Authority said in
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Cyprus Central Bank (CBC) announced on Thursday the preliminary consolidated balance sheet of Bank of Cyprus which under a €10 billion bailout agreement with the ESM/IMF has absorbed the good part of Cyprus Popular Bank which will be wound down. According to the budged announced by the CBC, Bank of Cyprus has assets amounting to
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Turkish Prime Minister Recep Tayyip Erdogan has said that there is an opportunity to reach an agreement on the Cyprus issue. In statements he made after meeting with US President Barack Obama at the White House, Erdogan said that “we believe that there is a lot of opportunity to reach an agreement on the Cyprus
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By Fiona Mullen Director, Sapienta Economics Ltd May 15 marks the two-month anniversary of the “Ides of March”, when the unprecedented decision to hit small bank depositors in Cyprus, and the parliament decision to reject it, introduced capital controls for the first time in an EU country and sent the Cyprus economy reeling. So, how
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* Edges closer to normalisation … at snail's pace * Two months after the banking crisis erupted and second-largest lender Laiki Popular Bank was forced into resolution, the Central Bank of Cyprus announced a provisional opening balance sheet for Bank of Cyprus that is taking on about 13.8 bln euros in assets from the “good bank”
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. Judging from the growing tension between the Cyprus government and the Central Bank Governor, perhaps it is time that President Nicos Anastasiades stops pussyfooting around and sacks the centralbanker in order to appoint a person of his choice and get the banking sector moving again, at a faster pace than it is today. Regardless
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. By Shavasb Bohdjalian Approved Investment Advisor and CEO of Eurivex Ltd. A business plan is critical to the success of any business which is looking to attract investors and at the same time convince management as to whether the assumptions made going forward are feasible and achievable. With banks changing their lending model away
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. By Dr. Andrestinos N. Papadopoulos, Ambassador a.h. With twelve articles, since April 2010 until recently, we took unreservedly a stand in favour of the further strengthening and deepening of our relations with Israel, the only non-Muslim country in our region. In the first article (“Finding a new approach to Cyprus-Israel relations”, Cyprus Mail, 1
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CySEC licensed Meritkapital Ltd has been granted a license extension to ‘Dealing on Account’ offering services in accordance with the Law 144(I)/2007 to include execution, reception and transmission, investment advice, and portfolio management. Its ancillary services include custodial, investment research and advice on capital structures. “This marks a positive development for the company as it
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Google Inc faced angry questions on Thursday from British lawmakers investigating its tax affairs and whether it had misled parliament in testimony last year. Google's Northern Europe boss, Matt Brittin, was called back to testify to parliament's Public Accounts Committee (PAC) after a Reuters investigation showed the company employed staff in sales roles in London,
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