EFG Eurobank and the National Bank of Greece (Cyprus) were the top gainers in terms of bank deposits in May, according to the Central Bank of Cyprus May 2010 report. EFG Eurobank
Ready in time for 2012 EU Presidency? Finance Minister Charilaos Stavrakis and the three local members of the board of the joint venture that will manage Qatar’s investments in Nicosia, met on
Commerce, Industry and Tourism Minsiter Antonis Paschalides has confirmed press reports from Israel that there are huge deposits of natural gas in a plot next to Cyprus' exclusive economic zone south east
The finance ministry will take over management of public debt from its central bank from August 1, opting against the creation of an independent agency, Finance Minister Charilaos Stavrakis said. He said
Cuts civil service by mere 1,000 jobs The government has approved a series of bills, which finalise the fiscal consolidation package that aims to bring the Cypriot economy within the EU reference
Inflation in June 2010 recorded an increase of 1.9%, CyStat announced. According to the latest data released today, the Consumer Price Index for June increased by 0.22 units or 0.20% to 112.89
Revenue from tourism recorded in May an increase of 4.2%, according to the Statistical Service. On the basis of the results of the Passenger Survey, revenue from tourism reached €164.8 mln in
Unemployment in Cyprus at the first quarter of 2010 amounted to 7.2% of the labour force, according to the Statistical Service of the Republic. Based on the results of the Labour Force
The presence of Russian Gazprombank in Cyprus constitutes a milestone in the island's position as a regional and international financial centre, President Demetris Christofias said on Thursday evening. Addressing a charity event
Turkish President Abdullah Gul said in a newspaper interview in London that Ankara saw itself as part of Europe and remained committed to the West regardless of its close links to countries
