Total sales of petroleum products for the first five months of the year declined 5.8% year on year, according to figures released by the Cyprus Statistical Service. However, total sales of petroleum
Troubled national carrier Cyprus Airways is very close to finalising the framework that would allow foreign investors to take a strategic stake in the loss-making airline, while the European Commission ponders a
* €750m 5-year issue a “success” * The government plans to proceed with a second bond issue, maybe as early as next autumn, after the relative success of the 5-year 750 mln
The 6-year Cyprus retail bonds, part of a plan to raise 100 mln euros locally, did not attract much interest for July as total bids received by the CSE reached 4.3 mln
* Board to discuss HSBC restructuring plan * Bank of Cyprus may seek an injection of up to €1 bln in fresh capital to cover the €944 mln outflow in customer deposits
The Central Bank of Cyprus has once again revised down its projections for the economy’s contraction this year to 4.0%, slightly milder from the 4.2% estimated by the Troika of international lenders
Greeks around the world went into a frenzy on Wednesday night when striker Giorgos Samaras scored a last-minute penalty and hurled the national team into the final 16 of the World Cup
Cyprus President Nicos Anastasiades and Israeli Prime Minister Benjamin Netanyahu had a telephone conversation on Tuesday, discussing a possible cooperation between the two countries in the field of energy. According to a
The alliance of small businesses and self-employed workers (SYMEA) is looking to hire staff for an SME bank and be operational by the end of the year in order to help its
The Cyprus Ports Authority has given out to tender the ground facilities of the old port of Limassol, which was recently renovated at a cost of 17.8 mln euros, more than double
