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Cyprus - Page 881

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CYPRUS: Receiving more funds from EU competitive programmes a priority

Increasing Cyprus’ capacity to absorb more funds from the pool of EU competitive programmes is a top priority, as this would Improve the island’s growth prospects, Minister of Finance Harris Georgiades said.

27th November 2018
Cyprus

CYPRUS: EastMed pipeline construction set to get the go ahead

Construction of the EastMed gas pipeline has reportedly received the green light from Cyprus, Greece, Italy and Israel, while Nicosia has confirmed that the sides are close to a deal. Times of

26th November 2018
Cyprus

CYPRUS: Foreign Ministry intervenes to bring home stranded J&P staff

Following the closure of J&P Overseas and its subsidiaries, the Ministry of Foreign Affairs is reaching out to around 200 unemployed Cypriot workers stuck in Saudi Arabia, with a diplomat flying to

26th November 2018
Cyprus

ENERGY: Total and ENI seek to expand Cyprus oil & gas search

Energy giants Total and Eni have submitted a joint bid for another license to explore and exploit oil and gas offshore Cyprus despite warnings from Turkey, Cypriot authorities said Monday. In October,

26th November 2018
Cyprus

CYPRUS: Nearly 60% of female victims of violence do not report it

Nearly 60% of the women who are victims of violence in Cyprus do not report the incident to anyone, the first study of its kind on violence against women in the family

26th November 2018
Cyprus

DIPLOMACY: Cyprus cements bilateral and business ties with Kuwait

Cyprus FM Nikos Christodoulides has signed bilateral agreements in Kuwait, during an official visit to promote business and closer regional cooperation. During his contacts the Minister also discussed ways of further enhancement

26th November 2018
Cyprus

CYPRUS: ESTIA scheme is fast-track ticket out of NPL crisis

As Cyprus banks looking for ways to further reduce their NPL portfolios, the ESTIA scheme for mortgage defaulters seems to be offering them an express ticket out of the toxic loans crisis.

25th November 2018
Cyprus

CYPRUS: Brexit deal not a landmark to be happy about, as key state leaves the EU

The agreement reached on Sunday on the coordinated withdrawal of the UK from the EU is not a reason to cheer, as an important Member State is leaving the bloc, Cyprus government

25th November 2018
Cyprus

CYPRUS: DBRS in double upgrade to investment grade on NPL control, strong growth

DBRS Ratings Limited has given the Cyprus sovereign a double rating upgrade, pushing it up to investment grade, driven by the banks’ effective downscaling of non-performing loans, the ‘orderly’ liquidation of the

24th November 2018
Cyprus

CYPRUS: Halloumi producers fear China deal will see demand outstrip supply

While halloumi exports are expected to hit record numbers, Cyprus has signed a protocol with China paving the way for the famous white cheese to wow a huge market, but farmers are

24th November 2018
Cyprus
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