Tourist arrivals rose 11% in June to 342,221 tourists, compared to 308,219 in the same month last year, according to the statistical service Cystat announced. Based on the monthly Passenger Survey, an
The Finance Minister told the House Finance Committee that there is disagreement between the Government and Cyprus' lenders over the foreclosure legislation on mortgaged properties, Committee Chairman Nicolas Papadopoulos said. Speaking after
The Industrial Turnover Index for April reached 77.1 units (base 2010=100), a decrease of 8.8% compared to April 2013. According to the Statistical Service, for the January-April period, the index showed a
Britain’s National School of Government International will consult the Cypriot government over plans to restructure the Ministries of Defence, Justice and Foreign Affairs, on the basis of an agreement signed on Friday.
“You have an idea for a business, it does not need to be a mind-blowing innovation; it just needs to solve a problem you understand well”. Yiannis Gavrielides, a Cypriot entrepreneur, was
A Multinational Search and Rescue (SAR) daylight exercise, titled “CYPUSA – 01/14” was conducted on Wednesday, from 11:00 until 14:30, near the coast of Cyprus, with the participation of SAR Units and
* Private placement to institutionals – “Clawback” fixed at 20%, set at €100,000 per investor * The Bank of Cyprus announced on Tuesday the structure of its capital increase in three phases,
* €150 mln from EIB, places for 10,000 students * The University of Cyprus plan to go ahead with a mega expansion plan expected to cost about a quarter of a billion
The government has decided to go ahead with the immediate privatisation of national carrier Cyprus Airways (CAIR) by inviting expressions of interest from strategic investors for its controlling stake in the troubled
Cyprus President Nicos Anastasiades will discuss on Wednesday issues concerning the Cypriot financial sector with the President of the European Central Bank Mario Draghi in Frankfurt. The President will be accompanied by
