Former Cyprus Interior Minister Dinos Michaelides and his son have been handed down 15 year prison sentences each by a court in Greece on Wednesday, having earlier found them guilty of bribes
Louis Hotels has introduced special offers for the Valentine’s weekend that include a romantic break, as well as relaxing two days away from the hustle and bustle of everyday life. The Royal
Finance Minister Harris Georgiades told foreign investors on Tuesday that Cyprus will support Greece at the special Eurogroup meeting in Brussels on Wednesday. In statements at the Cyprus Investors Summit 2015 in
Energy and Commerce Minister Yiorgos Lakkotrypis announced a total of nine funding schemes worth €75 mln in the current year in an effort to boost liquidity in the economy, with the Cooperative
The Cyprus trade deficit widened further in the January-November of 2014 to €3.41 bln compared to €2.91 bln in the same 11-month period in the year before. Total imports (including imports from
Hellenic Bank, the third biggest lender that is trying to shed its conservative image of the past by attracting new business, aims to use its strong liquid assets base to double its
The government of Cyprus has denied reports that it plans to offer Russia air and naval bases on the island, with President Nicos Anastasiades even suggesting that Britain should not meddle too
The Deputy Chairman of the Cyprus Grains Commission, established in 1960 as a state-controlled monopoly to ensure low prices for grain imports and maintain the country’s strategic reserves, resigned this week, but
Major investors, business leaders and developers will be in Limassol on Monday and Tuesday for the Cyprus Investors Summit 2015 aimed at attracting funds for at least 18 large scale projects and
The Cyprus economy is showing signs of stabilisation, with mild growth rates of 0.4% this year and 1.6% in the next, but the improvement in economic sentiment indicators has come to a
