Former University of Cyprus Rector economics professor Stavros Zenios resigned from the Central Bank board on Friday, saying the credibility of the institution has been damaged, at a time when the troubled economy needs guidance out of the present crisis. Zenios’ departure follows the announcement by Executive Director and former Trade Minister Stelios Kiliaris that

Cyprus’ comparative advantages as an attractive investment destination and the investment opportunities it offers were highlighted at the Cyprus-USA Business Forum which was jointly organised in New York for the first time by the Cyprus Investment Promotion Agency (CIPA), the Energy Ministry, the Cyprus Chamber of Commerce and Industry and the New York Cyprus Trade

Bank of Cyprus CEO John Hourican told employers that the much-delayed law on foreclosures must be put in place as this would be an important step for lending and financing to resume and kick-start the economy. The foreclosures bill was supposed to have been voted on during Thursday’s parliamentary plenum, but a delay by the

Tourist arrivals were up in February for the third consecutive month, rising 12.1% year-on-year, according to the monthly Passenger Survey of the statistical service Cystat. The total number of arrivals for the month reached 50,709, from 45,227 in February 2014, in tandem with a 3.8% rise for the whole winter period reported a day earlier

A Nicosia court judge has allowed the continuance in the hearing in a case against five former executives of the Bank of Cyprus to next week, when the defence will argue that for a dismissal. The bank’s former chairmen Theodoros Aristodemou and Andreas Artemi, CEOs Andreas Eliades and Yiannis Kypri, as well as Deputy CEO

The American Academy Nicosia organizes the 'International Day' an intercultural festival, open to both parents and children, in a space flooded with colors, music, dances, as well as flavors from more than 10 countries. The event will be held in the school’s yard on Saturday, March 21, 2015 at 4:15 pm. This is an annual

Urban Gorillas in partnership with the Architecture Research Centre (ARC) of the University of Nicosia, Dendros Ltd. and Plastique Fantastique Berlin (www.plastique-fantastique.de) announce their upcoming festival ΦουσκÏŒPolis, a series of temporary architecture installations in the form of giant inflatables in public spaces all over Cyprus. ΦουσκÏŒPolis will host a diverse programme of local and international

Winter arrivals from November to February saw a 3.8% increase year-on-year to 230,808 from 222,257 in the year-earlier period, the Cyprus Tourism Organisation said on Wednesday. The biggest increase in holidaymakers was from Germany and Israel, with the number of British tourists unchanged and the arrivals from Russia down 15%. Government statistics showed that Britain