Cobalt, the new flag carrier of Cyprus, will start commercial flights on June 1 on board its first Airbus A320 that arrived this week, with the schedule increasing to 14 destinations by
Bank of Cyprus, the island’s biggest lender bailed out by depositors in 2013 and new investors in 2014, plans to raise its market capitalisation from the current EUR 1.37 bln to a
The Cyprus economy will grow at a moderate rate of no more than 2% up to 2021, according to the IMF World Economic Outlook (WEO) for April. For the medium term,
* ICAEW expert to speak on public sector reform * The public sector is a vital part of the economy, where in the UK it accounts for around 40% of GDP, while
House prices dropped by -0.6% during the last quarter of 2015 compared to the same quarter of 2014 and by -4.7% compared to the previous quarter, as measured by the House Price
The trade deficit almost doubled in January to €224 mln from €128 mln the previous month, due mainly to a great fall in exports and a smaller drop in imports. According
What Cyprus needs to get out of the, admittedly, stagnant situation of the shipping sector, is to evolve and reform all public sectors, while changes are also necessary in the private sector
The Central Bank-appointed special administrator of the Cyprus branch of FBME bank is acting fraudulently and is misleading depositors into blindly accepting what balance is presented to them as being accurate information,
The government of Cyprus will start accepting online applications for visas from Chinese visitors and potential investors by the end of the month, in an effort to attract them to the island
It’s been a busy week for the Bank of Cyprus, the island’s main lender bailed out by depositors and foreign investors in 2014, that has lowered its debt, disposed of its last
