With the pace of decline in economic activity slowing in 2014, Ernts & Young (EY) believes that Cyprus remains on track for a return to growth next year. However, the main drivers
With Christmas just around the corner, DHL Cyprus has received an award at the Social Responsibility REACTION Excellence Awards 2014. The Awards ceremony organised by REACTION Youth for the Prevention, a non
Ukraine’s Prime Minister Arseniy Yatseniuk said on Wednesday that his country was losing about $300 mln a year to tax-free investments in Cyprus, an argument he sued to justify the abolition of
After heavy selling on the first day it was re-listed on the Cyprus and Athens stock markets, Bank of Cyprus (BOCY) eased up a bit and was headed to close on Wednesday
Finance Minister Haris Georghiades said that welfare payment and public expenditure are up by 5.3% and 5.2%, respectively, in the 2015 State Budget narrowly approved by parliament on Tuesday night. In his
Real agricultural income per worker in 2014 is estimated to have risen in Cyprus by 1.8%, while in the EU28 it has decreased by -1.7%. According to Eurostat, it is estimated to
The number of Russian tourists visiting Cyprus is expected to drop by 30-40% in 2015, a concern which has mobilised all stakeholders in the tourist industry to minimise the impact by offsetting
A slim majority of MPs voted through the government’s budget for 2015 on Tuesday evening, with the main focus being cutbacks, recover and reform. Despite harsh criticism from the opposition AKEL, the
* What next for the Cyprus bellwether stock? * Heavy selling by disgruntled shareholders saw Bank of Cyprus shed a quarter of its value on the first day it returned to the
The Central Bank of Cyprus has called on the banking system to resume its lending role and help kick-start the ailing economy. In its monthly economic bulletin for December, the central bank
