Banks would benefit from a sustainable recovery in the property market, Moody’s said after the central bank’s Cyprus Property Index posted its first rise in seven years. Although Cypriot banks continue
The European Investment Bank (EIB), the long-term lending arm of the European Union, signed a new EUR 100 mln loan with the Bank of Cyprus to support investments by small and medium-sized
The government’s plan to extend the winter tourist period by providing more aid to hoteliers and airlines may be paying off, as the monthly Passengers Survey of the statistical service Cystat showed
* Takes over from Tony Christodoulou as firm adapts to PR market transformation * Action Global Communications, the Cyprus-based independent public relations firm with a network that spreads across 40 countries, has
The University of Cyprus School of Economics and Management announced that its graduates have won five international awards in the ICAEW professional exams for September and December 2016 sittings. The successful
On the occasion of the 2017 European Bank for Reconstruction and Development (EBRD) Annual Meeting and Business Forum and further to the Memorandum of Understanding signed by the Minister of Finance and
The house price improved marginally in the third quarter of 2016, according to the the Central Bank of Cyprus index that saw its first increase since 2009. Prices for apartments and
* 2016 growth at 2.8%, 0.5% in Q4, says Cystat * The biggest main risk to satisfactory and sustainable growth rates is “our bad self”, Finance Minister Harris Georgiades said on Tuesday,
Cyprus is experiencing a solid economic recovery and growth is expected to remain robust, although it looks set to slow slightly, according to the European Commission winter forecast. Inflation is
The government plans to create a naval fleet of three open sea vessels and two smaller coast guard vessels by the end of 2020, by when the upgrade of the naval base
