Industrial production fell by 0.4% year-on-year in October 2014, according to the statistical service Cystat. The Index of Industrial Production reached 74.5 units (base 2010=100), a decrease of 0.4% compared to October
Canadian-owned Senvest Capital, whose two subsidiary funds have doubled their stake in Hellenic Bank to 5% following the recent rights issue and exercise, plans to hold on to its Cyprus investments, including
India is considering removing Cyprus from the blacklist of countries that do not share details about tax evaders after examining information given the island nation, reports from New Delhi have suggested. India
The unemployment rate rose to 16% of the labour force in the third quarter of 2014, from 15.4% in the previous quarter, according to the Cyprus statistical office Cystat. The unemployment was
The level public debt is expected to rise to 18.9 bln euros by the end of 2014, from 18.4 bln at the end of 2013, according to the Finance Ministry. A document
The European Union is changing its approach to the sanctions against Russia which Cyprus has always decisively opposed, Foreign Minister Ioannis Kasoulides said in an interview with TASS. “Cyprus was always very
VTS Vasiliko Terminal Services Ltd (VTS) announced the launch last week of its operations at the jetty of VTT Vasiliko Ltd (VTTV) oil storage terminal. Under a license agreement signed with the
Fourth-largest lender Alpha Bank will launch a joint venture with Spanish financial services firm Aktua Soluciones Financieras, an offshoot of Santander, to manage a substantial chunk of its non-performing loans. Alpha and
A VERY MERRY CHRISTMAS TO ALL We wish all our readers a very Merry Christmas, enjoy the holiday break Photo Credit: OlegDoroshin http://www.canstockphoto.com
* PDMO says demand tops €37 mln, up from €27 mln last month * Demand for 6-year Cyprus government retail bonds shot up to EUR 36.7 mln this month, up from 27.4
