Cyprus appears to be the only country where Russian deposits are losing out in Moscow’s efforts to repatriate Russian capital which has been deposited or invested abroad. Russian President Vladimir Putin has
President Nicos Anastasiades said on Thursday the Cyprus problem is in effect a European one and healing this wound will contribute to a stronger Europe, especially in the energy field. "Reunification, a
Falling unemployment, a construction revival and strong tourism figures will ensure robust Cyprus GDP growth of 3.9% in 2018, 3.5% next year and 2.9% in 2020, said the European Commission autumn forecast.
Ratings agency Moody’s believes Cyprus' improving labour conditions is credit positive for banks because the growth in household income facilitates the restructuring and gradual repayment of stockpiled nonperforming household loans. According to
The demise of Amex in Cyprus is seen as a harbinger of the future where charges-driven traditional banking will be as extinct as the dinosaurs replaced by digital rivals. Amex is moving
The Bank of Cyprus (BoC) says it has stopped issuing new American Express cards to its 100,000 holders while all current cards are valid until March 31, 2019. The decision follows US-based
After attending the World Travel Market, Tourism Minister George Lakkotrypis said the London exhibition was special for Cyprus, as in 2018 the country will attract 1.3 million visitors from the UK, one
President Nicos Anastasiades argues that decentralized powers in a Cyprus settlement create a feeling of security for Turkish Cypriots, put an end to Turkey’s intervention rights and address concerns of Greek Cypriots
A statement of intent outlining Cyprus and US determination to bolster security cooperation was signed during a visit to Washington by Cypriot Foreign Minister Nikos Christodoulides. Bilateral relations, regional developments and the
Cyprus is struggling to meet the heightened demand for halloumi as fans of the famous white cheese in the UK brace themselves for going without it during fears of a summer shortage.
