The European Bank for Construction and Development, the EU’s development bank, plans to pump about 200 mln euros into the Cyprus financial and energy sectors in 2015, as part of the 600
Two major sea terminal operators are keen to develop the commercial operations of Limassol port, the biggest in Cyprus and part of the government’s privatisation plan that needs to raise EUR 1.4
* Russia decline of under 25% can be recovered from other markets * Energy, Commerce, Industry and Tourism Minister Yiorgos Lakkotrypis said that a study is underway on a national tourism strategy,
Finance Minister Harris Georgiades said he expects the much-delayed package of bills regulating foreclosures and insolvencies will be debated and hopefully passed by parliament next Thursday, April 2. The House of Representatives
Standard and Poor’s (S&Ps) has revised the Cypriot economy’s outlook to ‘positive’ from ‘stable’, maintaining the economy’s “B+/B” rating based on a faster than expected reduction of the general government debt, supported
Three people were remanded in custody for eight days by the Limassol District Court on Saturday after the police anti-drugs unit YKAN seized about 100 kilos of cocaine on Friday, the biggest
A record 10,000 runners will be taking part in the 9th annual Limassol Marathon on Sunday, with at least 1,500 participants coming from overseas. According to the organisers, the oldest runner is
Sales of petroleum products fell by 3.9% in February from the previous month, according to the statistical service Cyprus, with the drop in almost all categories due to a rise in retail
The rate of unemployment for the whole of last year averaged at 16.1%, marginally up from 15.9% for 2013, while in the fourth quarter it was 16%, unchanged from Q3, and up
The first official presentation of the Cyprus-South Africa Business Association was held recently, at an event attended by members of the association and other personalities from the economic and business world. The
