Cyprus is considering the possibility to set up an investment bank aiming at attracting possible German assistance to Cyprus, Government Spokesman Christos Stylianides has said. Responding to a question, following a Council
The Council of Ministers decided on Thursday to grant one license for an integrated casino resort, Government Spokesman Christos Stylianides announced, adding that the licensing procedure will start immediately on a "fast-track"
The United States continues to support efforts under the auspices of the UN to reunify Cyprus as a bizonal, bicommunal federation, US President Barack Obama has said, adding that "the island`s division
Hellenic Bank, the second largest lender in Cyprus with a healthy loans to deposits ratio, will raise 168 mln euros from a new share issue, to satisfy the extreme case scenario for
**Arrivals mark 8th month of decline in June ** For those declaring that tourism will save Cyprus, it is time to think again. Arrivals of tourists marked their eighth consecutive month of
The Eurovision Song Contest’s younger sibling will enter its second decade of showcasing the best young singers and songwriters from Europe, in Kiev, in November. “We have a steering group that is
Russian protest leader Alexei Navalny was sentenced to five years in jail for theft on Thursday, an unexpectedly tough punishment which his supporters said proved President Vladimir Putin was a dictator ruling
Annual inflation in Cyprus, the Eurozone and the EU went up in June, according to data published on Tuesday by Eurostat. Cyprus’ inflation was 0.8% in June, up from 0.2% last May.
Cyprus’ annual trade deficit was down by €500 million during the first four months of 2013, according to Eurostat data published on Tuesday. The total value of Cyprus’ exports during the first
Cyprus Telecommunications Authority (Cyta) has recorded positive results for 2012 despite the challenging economic environment with its earnings from operations amounting to €63,7 million compared to €67,2 million in 2011. At the
