The Index of Production in Construction has recorded a positive annual rate of growth for the first time in the seven years. According to the statistical service Cystat, the Index of
FBME Bank, the Cyprus arm of the Tanzania-based lender whose license was revoked by the Central Bank of Cyprus last week, on the grounds of alleged money laundering, has lashed out at
When the first superyacht sailed into Limassol Marina back in 2013, few could believe that this would be the beginning of a new era for Cyprus. M/Y Anastasia made history as the
The cabinet decided on Monday to give the ENI-Kogas joint venture a two year extension in order to continue its explorations within Exclusive Economic Zone in blocks 2, 3 and 9, on
* Record €47.9 mln for Jan 2016 series; 2015 total reaches €205.18 mln * The Public Debt Management Office (PDMO) at the Ministry of Finance has auctioned a record EUR 47.9 mln
* 180-seat Airbus A320 leased, more to follow * Cobalt, the new Cyprus-based airline that plans to launch full commercial operations by the end of the first quarter of next year, has
* ‘Credit negative’ says Moody’s * Spain’s (Baa2 positive) inconclusive parliamentary election has increased political uncertainty and raised doubts about the future government’s ability and willingness to continue with structural reforms and
Bank of Cyprus officials have said that the lender has concluded about 80% of is targeted restructuring of non-performing loans and that the aim is to close the year with EUR 1
The negotiators of the Greek Cypriot and the Turkish Cypriot sides, Andreas Mavroyiannis and Ozdil Nami, concluded their meetings for 2015 with a discussion on the criteria relating to the property issue.
Investigations into the collapse of the economy are progressing steadily in a way that could be held up in court, Justice and Public Order Minister Ionas Nicolaou said. “Investigations are progressing steadily
