Cyprus is gradually regaining its credibility as an international business centre and the banking sector is starting to recover, making it a promising place for the future of Russian investors, despite the
The Cyprus Central Bank Governor Panicos Demetriades has come under unprecedented criticism and is being forced to quit amid allegations of tardiness that has caused irreparable damage to the island’s sector and
Emirates, one of the world’s fastest-growing airlines, is offering low season Economy Class fares to 10 selected destinations for leisure and business passengers in Cyprus. Emirates return Economy Class fares start from
A former Cyprus government minister was ordered detained by an Athens prosecutor on Thursday in a major graft case that has seen the arrest of former Defence Minister and socialist Pasok leader-in-the-making
The Commission has proposed adjustments to its proposal for the 2014 EU budget. The changes mainly reflect the political agreement reached on the Multiannual Financial Framework (MFF) 2014-2020 between the leaders of
Holy water at religious shrines and churches in Austria is often contaminated with faecal matter and bacteria, researchers have found, advising the faithful not to drink it, especially in hospital chapels. Scientists
Starbucks seems to have added water to its coffee and is asking its U.S. customers to keep guns out of its stores. Starbucks Corp Chief Executive Howard Schultz requested that the coffee
The number of building permits issued was down by 25.3% in June, on an annual basis, according to data published by the Cyprus Statistical Service, Cystat. The total value of permits was
VAT revenue was up by €3.1 mln in August to €103.2 mln, compared to €100.1 mln in August 2012, the VAT Service announced on Tuesday. "In view of the economic crisis and
Cyprus’ trade deficit recorded a significant drop during the first half of 2013, according to Eurostat. Compared to the respective period of 2012 the deficit was down by €700 mln. The total
