Mayor Savvas Vergas, who is serving an eight-day remand order pending investigations in local affairs, resigned on Tuesday with Paphos now headed to by-elections on January 11. His decision, conveyed by lawyers
Cyprus is expected to return to growth next year, with the economy expected to expand for the first time in four years by 0.5%, Central Bank chief Chrystalla Georghadji told MPs. The
Bank of Cyprus, the recently recapitalised lender that raised about €1 bln and attracted new strategic investors, such as Wilbur L. Ross Jr. and the EBRD, is embarking on a series of
The ultimate owners of FBME Bank are seeking in excess of $500 mln in damages from the Cyprus government through an arbitration process that has been filed with Paris-based International Chamber of
Interior Minister Socratis Hasikos said that the missing millions of the Paphos Sewerage Board (SAPA) scandal that has been revealed may be “the tip of the iceberg” and that many more people
President Nicos Anastasiades arrived in New York on Sunday to prepare for a corrective operation on his heart’s mitral valve at the Mount Sinai hospital. He was greeted at the airport by
Construction giant Joannou and Paraskevaides (J&P) has delivered the first phase of a €300 mln fuel storage terminal and docking jetty to its owners, VTT Vasiliko, during a humble ceremony on Friday,
RCB Bank Ltd., one of four local systemic banks that underwent stringent capital stress tests by the European Central Bank last month, has topped the Cyprus Banks Reliability Rating, an index conducted
The 2nd Cyprus Businesses Growth Conference took place on 27 November 2014 in Limassol, with the participation of more than 200 executives and officials from the business community. Presentations and discussions that
Limassol Marina is set to celebrate this year’s festive season with a calendar of events for all visitors and residents to enjoy. In support of Funraising Charity Foundation, an open invitation to
