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Cyprus - Page 908

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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

CYPRUS: Turkey wants to build a naval base in the north

Turkey's military chiefs are pushing for the construction of a naval base on Cyprus from where it can control the region from the Turkish-held north of the island.   Ankara wants to

28th August 2018
Cyprus

CYPRUS: BOCY sells NPLs to Apollo amid H1 losses

Bank of Cyprus announced it is selling a loan portfolio with a gross book value of €2.8 bln to NYSE-listed Apollo Global Management for €1.4 bln, making it the biggest deal of

28th August 2018
Cyprus

BUSINESS: Big Mac turns 50 as Cyprus takes a bite

McDonald’s is celebrating 50 years since the birth of its flagship creation the Big Mac burger with the local franchise in Cyprus joining in the restaurant chain’s global anniversary.   To mark

28th August 2018
Cyprus

BANKING: Bank of Cyprus chairman to step down, CEO extends stay

Former Deutsche Bank chief Josef Ackermann announced he is stepping down as chairman of the Bank of Cyprus in a year’s time, having helped steer the island’s biggest lender from near-collapse to

28th August 2018
Cyprus

CYPRUS: New Radisson Blu Hotel in Larnaca is good for business

A new hotel in central Larnaca has opened its doors for visitors and business customers – the Radisson Blu. "We're delighted to open our first Radisson Blu hotel in one of Europe's

28th August 2018
Cyprus

CYPRUS: Tourist season ends with fewer complaints

* ‘Happy, but more needs to be done,’ say industry stakeholders   While tourists appear to be leaving Cyprus happier than in earlier years, with the number of official complaints getting less,

28th August 2018
Cyprus

TURKEY: Collapsing TRL hurts Turkish Cypriots

* Analysts expect TC coalition turning to Ankara for extra cash   By Kyriacos Kiliaris   A crashing Turkish lira, political unrest in Turkey and a widening trade gap, have led to

27th August 2018
Cyprus

POLITICS: Theresa May believes Cyprus reunification is within touching distance

A lasting peace for divided Cyprus is within reach, and the British Government continues to work towards that goal, Prime Minister Theresa May said in a letter to MP Theresa Villiers and

27th August 2018
Cyprus
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