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Cyprus - Page 777

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New Finance Minister says privatising Cyta a priority

Privatising the Cyprus Telecommunications Authority (Cyta) and continuing the government’s fiscal policy are top of the new Finance Minister Constantinos Petrides’ to do list. He told parliament during his first appearance as

6th December 2019
Cyprus/Economy

Government backs projects to lift Cyprus energy isolation

Nicosia reaffirmed its commitment to projects which will end Cyprus’ energy isolation and increase the island’s security of supply by connecting it to the rest of the European Union. Speaking at the

6th December 2019
Cyprus/Energy

Cyprus records annual deflation of 0.5% in November

Cyprus recorded annual deflation of 0.5% in November 2019, while for the first 11 months of the year inflation of 0.2% was recorded. The Consumer Price Index (CPI) increased in November by

6th December 2019
Cyprus/Economy

Cypriots are the least likely in EU to visit a dentist

There are no shortages of dentists in Cyprus, but Cypriots are the least likely in Europe to visit one for a check-up. Cyprus is bottom of the EU list with only 0.12

6th December 2019
Cyprus/Life & Society

Larnaca’s first mall to open in time for Christmas 2020

As construction on the new Metropolis Mall in Larnaca, near the general hospital, is moving ahead at a rapid pace, retailers are moving in to grab the best store locations in the first

6th December 2019
Business/Cyprus

Remains of six fallen Greek soldiers sent home from Cyprus

Greece has repatriated the identified remains of six soldiers who were killed in action in Cyprus during Turkey’s 1974 invasion. The soldiers’ relatives were honoured during a church service and ceremony in

5th December 2019
Cyprus

Greece’s Energean makes pitch to sell Cyprus Israeli gas

Greek oil and gas producer Energean on Thursday made another pitch to sell its Israeli natural gas to Cyprus via pipeline at a competitive price while Nicosia is opting for LNG. “Open

5th December 2019
Cyprus/Energy

New High Commissioner tells Queen Nicosia is committed to deeper UK ties

New Cyprus High Commissioner to the UK Andreas Kakouris said Nicosia wanted deeper ties with Britain during a private conversation with Queen Elizabeth II when presenting his credentials. During the ceremony at

5th December 2019
Cyprus

Cyprus banks are not giving out new loans

Cyprus banks are keeping a tight lid on loans given out to consumers and businesses as credit expansion in 2019 is restricted to a single figure percentage, despite the high liquidity in

5th December 2019
Business/Cyprus

Cyprus wants MPs to release EUR 9 mln for Hollywood film

The Finance Ministry has urgently requested that parliament to release €9 mln in reimbursements owed to martial arts film Jiu Jitsu, partly shot in Cyprus featuring Hollywood star Nicolas Cage. The Hollywood

5th December 2019
Cyprus/Economy
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