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Cyprus - Page 1114

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FUNDS: Bank of Cyprus has €1.6 bln cushion after cap increase

Bank of Cyprus now has cushion of €1.6 bln after the recent capital increase of €1.1 bln, continued cost-cutting and cashing in on some €950 mln the government owed it after absorbing

2nd August 2014
Cyprus

CYPRUS: Casino “fast track” decision slows down again

The government announced on Friday that it will proceed with a “fast track” process to finalise the legal framework, invite bidders and choose the licensor who will operate an integrated casino resort

1st August 2014
Cyprus

FASHION: New “I AM” store at The Mall of Cyprus

I AM Jewelry and Accessories opened today its second boutique in Cyprus at The Mall of Cyprus, in Nicosia, following the successful opening of the first store in MyMall, Limassol, last month.

1st August 2014
Cyprus

COMMENT: Cyprus’ painful pivot west: can we turn it into an opportunity?

By Fiona Mullen, Director of Sapienta Economics Ltd A new cold war is upon us. And once again little Cyprus finds itself in the middle of competing powers. So as we start

1st August 2014
Cyprus

LIBYA: Cypriot citizens evacuated from the country

Cypriot nationals, living and working in Libya, are being evacuated because of the volatile situation in the country. The embassy of the Republic of Cyprus in Tripoli has closed close due to

1st August 2014
Cyprus

ECB: Cyprus records the highest interest rates in Eurozone

Cyprus continued in June 2014 to have the highest interest rates in the Eurozone on new loans for businesses and housing, despite the downward trend recorded in recent months, according to data

1st August 2014
Cyprus

CYPRUS: FBME clients, cards in limbo as central bank clueless

Complaints have been pouring in at the Financial Mirror from frustrated customers who have no access to their funds deposited at the FBME Bank branch in Cyprus that has been under Central

31st July 2014
Cyprus

PORTS: Cyprus seeks second advisor for privatisation

 * Nomura, Barclays, Deutsche, Citibank to bid for €1.4 bln plan * Nomura, Barclays, Deutsche Bank and Citibank are expected to submit offers to undertake the financial plan for the privatisation of

31st July 2014
Cyprus

AVIATION: Cyprus Airways suitors to be reviewed on Friday

A Ministerial Committee will convene on Friday, August 1 to consider the initial expression of interest for the government’s 94% stake in Cyprus Airways, Communications and Works Minister Marios Demetriades said on

31st July 2014
Cyprus

EUROPE: Cyprus Youth Board supports “Invest in Education”

At a recent meeting between the Executive Committee of the OELMEK Board and the European Citizens’ Initiative “INVEST IN EDUCATION” the President of the Secondary Teachers Union Mr. Taliadoros delivered the support

31st July 2014
Cyprus
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