Bank managers are desperately trying to project a positive image of their institutions with shareholders cringing at the thought that profits are not yet healthy enough to get a return on their
The future of a Cyprus film incentive scheme to attract producers from Hollywood and other bigtime productions looks blurry as its 2020 budget was shackled by MPs. After a heated discussion among
For the first time, Paphos airport welcomed a record 3,000,000 passengers passing through in a year since it opened its doors in 1983. The 3,000,000th passenger at Paphos Airport was Natalia Albinowska
Limassol is to host the first wholesale outlet of the Greek chain Metro Cash & Carry, to be named BEST VALUE when it opens on 28 January. The ‘BEST VALUE for Professionals’
By Stavros Clerides Investors who are interested in redomiciling their business activities to a different country have to consider significant parameters such as the cost and quality of life as well as
Despite a 2% annual decrease in the use of plastic money in November, for the first 11 months, a 12% rise reflects stable consumer confidence. According to the latest JCC data, the
Since the banking crisis of 2013, the economy of Cyprus has shown impressive resilience and improvement. From negative growth rates, we now have significant and positive growth. From budget deficits, we now
Cyprus Securities and Exchange Commission imposed fines of €7.5 mln in 2018 while crowdfunding will soon be a new tool for small businesses, said CySEC Chairwoman Demetra Kalogerou. Kalogerou, presenting her 2018
Cyprus banks appear unable to give out loans despite improved macroeconomic indicators and low-interest rates on offer with bankers refuting claims they are purposely avoiding injecting money back into the economy. Arguing
As construction on the new Metropolis Mall in Larnaca, near the general hospital, is moving ahead at a rapid pace, retailers are moving in to grab the best store locations in the first
