An increase was recorded in total deposits in April while total loans showed a decrease, according to the Central Bank of Cyprus’ Monetary Financial Institutions (MFIs) statistics for the month. The Central
The Council of Europe has mechanisms in place which may even impose sanctions on Turkey if it does not abide by the recent European Court of Human Rights (ECHR) ruling on Cyprus,
Hellenic Bank shareholders approved the appointment of a new board at the annual general meeting on Wednesday, including the first female chairman of 40-year-old bank. No elections were needed since the number
The Cyprus issue, bilateral affairs and the crisis in the Ukraine will be the focus of the meetings during the working visit of Russian Deputy Foreign Minister Aleksey Yu. Meshkov, who will
Council of Ministers decided on Wednesday to extent until August 31 tourist shop opening hours under the current arrangements. “The Council Of Ministers during today`s meeting at the Presidential Palace under Acting
The economic climate improved in May, as expectations in services and among consumers improved, while retail trade and constructions still suffered. The Economic Sentiment Indicator increased by 2.3 points, compared to the
The Ministry of Energy, Commerce, Industry and Tourism and the International Renewable Energy Agency (IRENA) are organizing a Workshop on “Renewable Energy Applications for Island Tourism”, to take place in Paphos, between
The Parliamentary Committee on financial and budgetary affairs has set priorities for the implementation of all prior actions required for the disbursement of the fifth bailout tranche, based on a document sent
The number of smokers in Cyprus has increased due to financial crisis related stress, while at the same time many are turning to medically assisted methods to stop smoking due to financial
Cyprus Institute of Neurology and Genetics (CING) is a model to be followed in the reform of public medical institutions, Minister of Health Philippos Patsalis said on Tuesday. Patsalis, who was speaking
