The largest auction to date of Bruce Lee memorabilia in the birthplace of the kung fu legend shot past estimates to rake in $220,000, with a fur-lined costume jacket made for an
* Deficit likely to hit 9% of GDP in 2011 Last week, I ran an article on the banks and the budget in which I essentially argued that we were not yet
BOCY tells gov’t to act now! In an unprecedented move, but not unjustified, the island’s biggest lender, Bank of Cyprus, felt it necessary to issue an announcement this week warning the government
Overseas banks have just over $50 bln of loans outstanding to Cyprus, which may need an international bailout, its biggest bank warned on Monday. Bank of Cyprus said a rescue of Cyprus
Economic sentiment dropped in July, a publicly funded survey showed, without however factoring in the effect of a massive munitions blast which triggered an energy crisis this month, disrupting business. The economic
The Insurance Association of Cyprus said that to date its members have received a total of 388 insurance claims worth EUR 5.15 mln from the disaster at Vassilikos power station and the
* Speed of restoration depends on availability of spare parts * 38MW in 2-3 months, 150MW from Unit 5 in 6 months The EU Civil Protection Team handed in to the Cypriot
Cyprus does not need to enter the EU support mechanism for the time being, new Finance Minister Kikis Kazamias said on Friday. Speaking to the press, after the new cabinet was sworn
Cyprus president Demetris Christofias has appointed his close aide and former communist lawmaker Kikis Kazamias as the new finance minister in a cabinet overhaul aimed at propping up popular support amid a
Crooked property developer Gary Robb was slapped with an eight-day remand order by a Cyprus court on Thursday for cheating fellow Britons out of millions for holiday homes he could not deliver
