. Education takes up a good part of our lives, while what we do with it usually influences what we do with the next big chunk of our future. It is not an exact science, somethings we are good at, others not so much, we either stumble our way to the next step or we
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Developers of big projects try to avoid financing from Cyprus banks which have tightened their purse strings, preferring to back schemes with their cash or from investors and presales. This trend seems to be confirmed by a sharp drop in new loans over EUR 1 mln, which are primarily given to large building projects. The
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. Whenever a political party starts grumbling about the lack of meritocracy and transparency in public appointments, uncontrolled spending and activities of state officials, it would be refreshing if one of these politicians admitted they had sought favours (let’s not mention the key phrase “coverup”), simply to appease public opinion. Usually, it’s opposition parties accusing
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Students are left alone and in the dark to decide on their future careers without receiving the proper advice from schools and universities. Six months before the end of their final year at school, students are given forms to fill in with their preferences as to what they would like to study and subsequently their
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. The first half of 2019 proved to be very eventful for financial markets and with that triggered the rally in the gold price to over USD 1,550 today. Back in June, when gold finally broke through the technical USD 1,360 barrier it has surged 22% in just under three months. The last time we
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Cyprus’ economy expanded by 3.2% in the second quarter of 2019 on an annual basis, racking up 18 quarters of consecutive growth, official data showed Friday. Compared with the previous quarter, seasonally and working day adjusted data GDP grew by 0.8% in Q2 2019, higher than the 0.6% rate for Q1. The 3.2% annual growth
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By Lukman Otunuga, Senior Research Analyst at FXTM A positive vibe is sweeping across financial markets Friday morning as renewed hopes for progress in US-China trade negotiations uplift global sentiment and boost investor confidence. News that Beijing and Washington officials will be holding high level trade talks in early October is certainly
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Cyprus annual inflation rate remained in negative territory for a third consecutive month in August at -0.7% as food and energy prices dipped. In August, the Consumer Price Index increased by 0.30 units and reached 100.32 from 100.02 units in July 2019. Compared to August 2018, the CPI decreased by 0.7%. The decline was mainly
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Cyprus tourism revenue declined 2% in June for the second month running while arrivals remain at the same high level as last year. More worryingly, the June figures are the fourth time in six months that tourist spending has been in negative territory. In May income was down by 3.6%. Income from tourism in June
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Cyprus top-flight club Pafos FC has added another former Premier League player to its squad by signing ex-Crystal Palace striker Bakary Sako as a free agent. The 31-year-old Mali International is their second out-of-the-blue signing after securing the services of midfielder Jason Puncheon, also released by Crystal Palace. Sako’s salary was quoted by a source
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