One after the other, trade unions called off their strikes planned for Friday after the government backed out of a plan to tax the retirement bonus for civil servants, a privilege that
President Nicos Anastasiades inaugurated the Minthis Hills Golf Resort on Wednesday, saying the €600 mln project in Tsada is the cornerstone of development. The President praised Elias Eliades, CEO of the Pafilia
Communications and Works Minister Marios Demetriades took part in the EU Informal Transport Ministerial Council in Milan this week where he secured project finance for transport worth €50 mln over the next
Bank of Cyprus has agreed to sell its ex-Laiki portfolio of residential and commercial real estate-backed loans in the UK, known as ‘Project Avenue’ and worth £289 mln (€361 mln) to mortgage
Tourist arrivals reached 373,086 in August compared to 352,215 in the same month last year, an increase of 5.9%, according to data released by the Statistical Service Cystat. The monthly Passengers Survey
Cyprus MEP Eleni Theocharous (EPP/DISY) said that the priorities of the European Parliament’s Foreign Affairs Committee are the crisis in Ukraine, as well as the worrying developments in Iraq and the establishment
Former IMF chief and Chairman of LSK & Partners, Dominique Strauss-Kahn will submit proposals to the government relating to the island’s next bond issue and privatisations. Polakis Sarris, a former Undersecretary to
A new clothes collection campaign is launched by “Anakyklos”, a non-profit organisation, aiming to collect as many second hand clothes as possible, in collaboration with charity organisations, foundations and private companies. The
August harmonised inflation in Cyprus accelerated to 0.8% compared with the 0.1% of the corresponding period of 2013 when the island was facing deflation pressures, figures released by Eurostat on Wednesday show.
President of the Republic Nicos Anastasiades has called on everyone to cooperate in order for the country to exit the crisis, expressing the conviction that if the Memorandum of Agreement, the basis
