The Consumer Price Index for July increased by 0.19 units to 98.71 from 98.52 units in June. When compared to July 2015, CPI is reduced by 0.2%, while for the period between
RCB Bank Ltd is announced that it has successfully completed the stress test carried out directly by the European Central Bank, which was subject to the European Banking Authority (EBA) methodology.
The Finance Ministry’s Public Debt Management Office said that it raised EUR 52.5 mln from the monthly sale of retail bonds, making the initial offer of EUR 10 mln five times oversubscribed.
The Arbitral Tribunal at the International Chamber of Commerce (ICC) in Paris has ordered the Cyprus government to grant the shareholders and directors of FBME Bank access to the lenders premises on
Mortgage rates in June dropped to their lowest level since 2007, according to the Central Bank of Cyprus. The interest rate on mortgages fell to 2.99%, from 3.09% in the previous month.
The Finance Ministry’s Public Debt Management Office said that during Monday’s auction of 13-Week Treasury Bills, tenders were received for a total amount of EUR 174 mln, of which, EUR 120 mln
Moody’s has changed the outlook on the Cypriot banking system to ‘positive’ from ‘stable’ as the sector is set to return to modest profitability and improve their weak asset quality. “After
* Achievements and highlights during 10 years of The Cyprus Institute * By Prof. Costas N. Papanicolas President of The Cyprus Institute www.cyi.ac.cy The Cyprus Institute is celebrating the tenth anniversary since
Israel has a strong interest in the resolution of the Cyprus problem, since this would greatly facilitate the pace of development for future energy projects, President Nicos Anastasiades and the Prime Minister
The Cyprus Investment and Promotion Agency (CIPA) hosted a brainstorming session with the participation of state officials, high ranking public employees and representatives of business bodies to review the conditions following Britain’s
