The Cypriot Minister of Finance Harris Georgiades has been elected Chairman of the Board of Governors of the European Bank for Reconstruction and Development (EBRD) for the period 2014-2015. “Honored and privileged
European Commission Spokesman Simon O` Connor has said that data released on Thursday by Eurostat on GDP in Cyprus show that recession in Cyprus is easing much more quickly than expected in
Cyprus recorded annual harmonised deflation in April, data released on Thursday by Eurostat show. According to the Eurostat data, inflation in Cyprus was negative but fell from -0.9% in March to -0.4%
The European Bank for Reconstruction and Development (EBRD) has decided to commence operations in Cyprus, Finance Minister Harris Georgiades said in a message on his personal account on Twitter. The decision follows
Cyprus Tourism Organisation (CTO) announced the introduction of a National “Cyprus Tourism Quality (CTQ) Label” Scheme. The Scheme aims towards rewarding the provision of Quality, by tourism related enterprises that adopt a
A new company providing air traffic control services will be set up by 2015, breaking away from the Civil Aviation Department and the Ministry of Communications and Works, Minister Marios Demetriades said
MeritKapital announced its new engagement with DBS Hong Kong, a leading financial services group in Asia with over 250 branches across 15 markets. Headquartered in Singapore, it has a strong capital position
The Cyprus government has plans to develop Limassol port further, despite the semi-government organisation’s facilities slated for privatisation. Communications and Works Minister Marios Demetriades said during a routine visit to the port
If you like the value deals from Primark and the Scandinavian designs of IKEA, then a new store opening in the heart of Nicosia could offer a combination of both. The first
The Council of Ministers has approved a new two-year incentive scheme aimed at rehiring unemployed people, with the rate of those out of work in Cyprus already reaching a phenomenal 18%. The
