Bert Pijls has stepped down as CEO of Hellenic Bank and has already been replaced by board member and international banker Ioannis Matsis. The bank said in a statement that Matsis’ appointment
Prime Minister Theresa May has said that the UK is ready to attend the multiple party Cyprus talks in Geneva next month, if its presence there benefits the settlement efforts. Briefing
The Cyprus Shipping Chamber hosted a luncheon for Cypriot Members of European Parliament at the Hilton Hotel in Nicosia last week, within the framework of its close cooperation with the Cyprus State
Tourist arrivals totalled 124,192 in November compared to 108,093 in the same month last year, recording an increase of 14.9%.on the basis of the results of the Passengers Survey, according to the
Hourly labour costs rose by 0.2% in Cyprus, by 1.5% in the euro area (EA19) and by 1.9% in the EU28 in the third quarter of 2016, compared with the same quarter
The Cyprus Agricultural Payments Organisation (CAPO) is working at full speed in order to ensure that all farmers receive their subsidies by the end of the month. CAPO board chairman and
Limassol Del Mar, the new Limassol shorefront development, announced its collaboration with ara Design International to undertake the interior design of Buildings A and B. ara Design was established in 1996
Kyperounda Winery hosted the ‘Best Young Sommelier 2016’ competition for professionals aged under 35, organised by the Cyprus Sommeliers Association. The winner of the 2016 contest was Soteris Neophytides from the
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
