Cyprus Central Bank Governor Constantinos Herodotou argues profitability and the need to find new banking products besides lending, is a big challenge for banks of a small country. He said that geography,
European Investment Bank President Werner Hoyer is in Cyprus to discuss recent and future investment in the country and see how the EIB is helping to improve education. “This visit provides a
One wonders if the way the postal service is run, whether it is intentionally being driven into the ground to sell it off to the lowest bidder as rumours wildly suggest. There
Industrialists are calling on Turkish Cypriot leader Mustafa Akinci and other authorities in the occupied north of the island to take legal action after the Republic of Cyprus reclaimed the Halloumi trademark
Chief Scientist Kyriacos Kokkinos is Cyprus’ first Deputy Minister of Research, Innovation and Digital Policy which will begin life on 1 March. “The establishment of the Deputy Ministry is yet another major
Cyprus’ economy will grow by 2.8% GDP in 2020 down from 3.2% last year, according to the European Commission’s Winter Economic Forecast. Inflation will be 0.8% in 2020 and 1.2% in 2021
The European Commission has sent legal warnings to Cyprus, Portugal, the Netherlands and five other EU states over their delays in applying new anti-money laundering rules adopted at European Union level two
A European money-laundering watchdog has warned that a secretive investment-for-passports scheme run by Cyprus was vulnerable to money laundering and fraught with risk. Cyprus welcomed the report saying it highlights the progress
By Theodoros Mantis In recent years, the aim of the state has been to promote Cyprus as an attractive investment destination and as a credible business centre, through the attraction and establishment
Paralimni will have its very own €100 mln marina within the next 4 years after the Environment Department has given the green light to the leisure project. Paralimni marina will the second
