Demetra Investment, the primarily Cyprus-invested public company with a portfolio in equities and real estate, saw a significant turnaround last year, despite the gloomy situation in the market following the write-down of
Cyprus’ Integrated Maritime Policy (IMP) aims at full utilization and sustainable development of its seas, within the framework of cooperation and consultation with all stakeholders and recognizes “Blue Growth” as a basic
Cyprus is a destination country for women who are subjected to trafficking for purposes of sexual exploitation, Interior Minister Socrates Hasikos has said, addressing a conference against women trafficking in Nicosia. “Trafficking
Tourism Minister Yiorgos Lakkotrypis is travelling to Berlin to attend the Berlin tourist fair, ITB Berlin 2014. According to an official announcement, the Minister, heading a delegation from Cyprus, will be having
Europe is closing its innovation gap with the United States and Japan but differences in performance between EU Member States are still high and diminishing only slowly, according to the European Commission`s
Fitch Ratings has maintained the Bank of Cyprus’ covered bonds ‘B’ rating on negative watch. Fitch is “continuing to monitor the impact of the current economic environment on the performance of the
The Troika of international lenders has radically altered the memorandum so that the 130,000 title deeds backlog will no longer be required to be cleared by the fourth quarter of this year,
The House of Representatives passed the landmark privatisation bill on Tuesday, in a narrow vote of 30 in favour and 26 against, overturning last Thursday’s marathon session that resulted in a hung
The Hellenic Bank announced losses of €191 mln for 2013, compared to 23.4 mln losses in 2012, with the second biggest Cyprus lender saying that the losses include the €29 mln cost
The Bank of Cyprus said on Friday that its losses for 2013 stood at €2.04 bln, 8% down from the year-earlier losses of €2.214 bln, with the biggest headache for the island’s
