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Cyprus - Page 907

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CYPRUS: Over 40 Co-op branches to close for good in September

Forty-four former Co-op branches are to close in September as the Hellenic Bank buy-out starts to take physical shape as a once illustrious institution bites the financial dust. The 40-odd closures are

31st August 2018
Cyprus

TECHNOLOGY: Cyprus determined to promote the advancement of Blockchain

Cyprus’ cabinet meeting on Thursday agreed to push forward with promoting the advancement of Blockchain technologies to enhance the digital economy. Government Spokesman Prodromos Prodromou said ministers agreed to task an ad

30th August 2018
Cyprus

BUSINESS: Fonbet looking to expand in Cyprus after megabucks Omonia deal

Leading Russian bookmaker, Fonbet seeks to expand its presence in Cyprus after the €1 mln exclusive sponsorship deal it sealed with resurgent football club Omonia, which will give it the necessary brand

30th August 2018
Cyprus

CYPRUS: Budget for road network sound barriers is far from sufficient

According to Cyprus Transport Minister Vasiliki Anastasiadou the state budget allocated for noise reduction on the island’s road network is insufficient for comprehensive coverage. Whereas, according to the Ministry, a total amount

30th August 2018
Cyprus

CYPRUS: UK mulls building port at RAF Akrotiri to circumvent a bad Brexit

Britain is making contingency plans to build a port in Cyprus to service its sovereign military bases on the island to safeguard against a disorderly Brexit next year. According to a report

30th August 2018
Cyprus

CYPRUS: Popular Limassol Wine Festival opens on Friday

Limassol’s Municipal Gardens will light up on Friday to welcome thousands of visitors to taste and enjoy Cyprus wines at the 57th annual Wine Festival. The Festival is watched over by the

30th August 2018
Cyprus

CYPRUS: Smugglers use drone to fly drugs over UN-patrolled ceasefire line

Smugglers used a drone to fly drugs over the 180-kilometre UN-patrolled ceasefire from the south of the island to the Turkish-held north, Turkish Cypriot media reported. Turkish Cypriot authorities arrested a suspect

29th August 2018
Cyprus

BANKING: Cyprus deposits stabilise after damaging Co-op bank run in June

Depositors seem to have regained trust in the Cyprus banking system as things appear to have calmed down after the bank run at the Co-op caused by panic-stricken depositors worried about another

29th August 2018
Cyprus

CYPRUS: Economic sentiment slightly up due to retail sales and consumer optimism

In August economic sentiment in Cyprus edged up slightly due to improved retail sales and consumer confidence, according to the University of Cyprus Economic Research Centre. The Economic Sentiment Indicator (ESI-CypERC) increased

29th August 2018
Cyprus

PROPERTY: London house prices likely to crash if Brexit goes bad

House prices in London’s hyped market will fall this year and next, a Reuters poll of analysts and experts predicted, and will tumble if Britain fails to agree an orderly departure from

29th August 2018
Cyprus
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