Bookings from Russia and Ukraine remained at high levels since the beginning of the year, Tourism and Energy Yiorgos Lakkotrypis said during the weekend ‘Travel 2014’ exhibition in Nicosia, adding that he
Bank of Cyprus is pondering whether to split its operations and have a ‘bad bank’ to handle the non-performing loans or to opt for an asset management company, similar to mortgage lender
Standard and Poor’s and Fitch have raised their sovereign credit ratings for Cyprus by one notch, following a similar move a month ago by Moody’s. S&P raised its long-term sovereign credit ratings
Deutsche Bank officials have told Cyprus they would be interested to lead a financing consortium if the LNG terminal proves to be viable, news reports said on Friday. The bankers met with
The top two floors of executive offices of Limassol’s landmark commercial property, aptly named The Oval, have been sold to an unnamed buyer, just two weeks after the official launch by President
House prices, as measured by the House Price Index (HPI), fell by 1.4% in the euro area and by 0.1% in the EU28 during the fourth quarter of 2013 compared with the
Louis Cruises won a total of three awards at the annual Greek Tourism Awards 2014 – one gold and two bronze. The ‘Gold Award’ was in the category of Contribution to Local
State-controlled Cyprus Airways is on the right path after a year of austerity programmes, currently breaking even and is now ready to attract new investors, local or foreign, the airline’s chairman said.
* Foreign funds investigating FDI prospects in Cyprus * The first in a series of potential investors will be in Cyprus this week on a fact-finding mission to investigate the merits of
The Cyprus public deficit shrank in 2013 compared to 2012, while the public debt increased, according to Eurostat’s first notification regarding the fiscal performance of EU member states for 2013. According to
