The government plans to buy back some EUR 668 mln of six-year securities maturing in July 2019 with a yield of 7.84%. The Finance Ministry’s Public Debt Management Office said it
Finance Minister Harris Georgiades announced the government is preparing a new tax framework which will further strengthen the investment funds sectors in Cyprus, noting this new framework will render the island one
The economy marked growth for the sixth consecutive quarter, with the GDP growth rate in real terms during the third quarter of 2016 reaching 2.9% over the corresponding quarter of 2015, according
President Nicos Anastasiades has called on the political parties not to undermine the country’s economic prospects by rejecting government reform bills. His remarks came as the Parliament rejected last week government
Cyprus’ trade deficit marked an increase of EUR 620.8 mln in the January-September period, due to the significant increase of imports and decrease of exports. According to the statistical service Cystat,
Bank of Cyprus shareholders overwhelmingly approved two resolutions during an extraordinary general meeting on Tuesday that will facilitate the island’s biggest lender listing on the London Stock Exchange. In all, 99.74%
Pafilia has signed a EUR 77 mln construction contract with J&P and ACC, marking a significant milestone for the company and for Limassol. ONE, considered the tallest residential seafront tower in
Finance Minister Harris Georgiades told his counterparts during a Eurogroup meeting in Brussels on 2017 draft budgetary plans, that the country remains committed on a prudent fiscal stance. During the discussion
Property sales in Cyprus recorded an increase of 46% in November compared with the same period last year, according to the latest figures published by the Department of Lands and Surveys.
The number of registered unemployed was down by 2,956 persons or 6.8% in November, compared to the same month last year, the statistical service Cystat said on Monday. It said the
