“A crime of international dimensions” Former Bank of Cyprus board member Evdokimos Xenophontos testified at the Investigation Committee last week and said that the resolution of the Laiki Bank, the transfer of
Andreas Eliades, the former chief executive of the Bank of Cyprus accused the authorities on Monday of making the bank a scapegoat to cover their own shortcomings in running the island's economy.
The government announced last Thursday it would issue a single licence for a mega casino resort in an attempt to diversify its tourism product and attract foreign investment, while helping to reduce
* FXTM founder says forex industry could offer best solution out of crisis * Andrey Dashin has lived in Cyprus for many years, becoming part of Limassol’s fast-paced forex trading community, establishing
State-owned Cyprus Telecommunications Authority (Cyta) recorded profits for 2012 despite the challenging economic environment with earnings from operations amounting to 63.7 mln euros compared to 67.2 mln in 2011. At the same
Italy’s ENI will start exploratory drilling for natural gas off Cyprus in the second half of 2014, its chief executive said last year. ENI and joint venture partner KOGAS of Korea signed
* Bank of Cyprus reform “urgent”; Gold sale not only option The Troika inspectors from the international lenders that have pledged to provide a 10 bln euro rescue package are back in
The past weeks have seen a surge in diplomatic activity between Cyprus and Russia, according to the think-tank Middle East Strategic Perspectives. A parliamentary delegation headed by Speaker Yiannakis Omirou arrived in
On July 4, the Ukrainian parliament approved the bill for ratification of the new double tax treaty of Cyprus – Ukraine on income and capital that was signed back in November 2012.
In today’s turbulent business environment business appraisals are needed for a variety of reasons such as mergers, acquisitions, business planning, reorganisation, spin-offs, liquidations, bankruptcy, buy-sell agreements, shareholder disputes, insurance claims, damages litigation,