Commerce, Industry and Tourism Minister Antonis Paschalides said he is confident that, in the next few months, tourist arrivals and revenue from tourism will increase. “There are positive signs about tourism from
— Cyprus deposits up 11% at €1.7bln — The flow of money from Greece to Cyprus slowed in May with the increase in deposits from other euro area residents at EUR 359
Gov’t to establish research and innovation council GreenForest, Aerotechniki opt for greener business A foreign exchange trading platform, a landscaping and garden centre, an eco-friendly odour filtering system and the Cyprus Institute
Fitch reaffirmed the Republic of Cyprus's long-term local and foreign currency Issuer Default Rating (IDR) at 'AA-' and the short-term foreign currency IDR at 'F1+'. The country ceiling was affirmed at 'AAA',
The European Investment Bank is providing a EUR 200 mln loan to the Electricity Authority of Cyprus to reinforce and extend the electricity transmission and distribution networks throughout Cyprus. This is the
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
