The Cyprus Geological Survey reported a mild tremor of 5.6 on the Richter scale at 11.25am on Wednesday off the coast of Paphos, which was felt throughout Cyprus. The epicentre of the seismic activity was 3kms west of Kissonerga and 8kms northwest of Paphos at a depth of 25 kilometres. The CGS report said that
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. By Oren Laurent President, Banc De Binary The internet is wholly confused about the current deal on the table with Iran. It’s no wonder. You may expect a range of opinions on such a controversial topic, but the bizarre reality is that Obama, McCain and Ayatollah Khamenei have all described the raw content of
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The IMF World Economic Outlook for 2015, released on Tuesday, foresees a 0.2% GDP growth for Cyprus this year and 1.4% in 2016. The report, which was presented by the IMF’s top adviser Olivier Blanchard, comes before the Spring Meetings of the World Bank Group and the International Monetary Fund, in Washington DC, which will
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The trade deficit dropped in January to EUR 99.6 mln, compared to 285 mln in January 2014 as imports dropped and exports were up, according to the statistical service Cystat. Total imports/arrivals (imports from third countries and arrivals from other EU member states) in January amounted to EUR 357.9 mln, compared to 396.1 mln in
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* Providencia skeleton comes out of the closet; Inquiry finds Erotokritou was ‘bribed’ * Deputy Attorney General Rikkos Erotokritou blasted an independent probe into his attempts to offset a loan with now-defunct Laiki, which he is currently challenging at the Supreme Court, saying the investigation was a smokescreen and in reality aimed at cutting short
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• Air connectivity is better, airport fees must be lowered • EY study on shipping underway • DMS reform more important than post of Deputy Minister The Ministry of Communications and Works is changing its name and with it the whole philosophy of a government office that had basically stayed the same ever since the
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Nicos Anastasiades is expected to visit Israel soon after Prime Minister Benyamin concludes his ‘unity government’, Government Spokesman Nicos Christodoulides said, after the President met with outgoing Foreign Minister Avigdor Lieberman, who was on the island on a private visit. Anastasiades visited Jerusalem in May 2013, and last June he invited Netanyahu to visit Cyprus.
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. By Andreas Theophanous Listening to German Finance Minister Wolfgang Schäuble and his Greek counterpart Yanis Varoufakis speaking about the recent Eurogroup agreement on Greece, one could be forgiven for thinking that they were talking about two completely different texts. There are obviously deep differences between them over substance and status that are far from
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. By Rakis Christoforou BBA, CPA/ABV/CFF, MCSI, ACFE Financial misstatement usually starts small, intended as "just an immaterial adjustment or omission" to improve corporate results. But as the need to maintain improved results continues, so does the need to maintain deception. A financial misstatement usually involves senior management of public companies, who are in a
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. By Antonis Loizou F.R.I.C.S. – Antonis Loizou & Associates Ltd – Real Estate & Project Managers You have to give credit to AKEL for pushing ahead with the legislation for non-foreclosures of those properties that buyers have paid but remain trapped in the seller's mortgages. This is a remarkable effort whose outcome into law
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