* Donating to developing countries and volunteering rank highest * Respondents in Cyprus are more positive towards development issues than those in the rest of the European Union, according to the latest Eurobarometer survey, conducted ahead of the European Year for Development. Almost all of the 503 respondents interviewed last September, or 94%, agree it
More
If Greece declares insolvency and is obliged to leave the Eurosystem, Germany will have to reckon with a loss of up to 76 bln euros, according to Ifo Institut calculations. If, on the other hand, Greece declares insolvency and remains in the euro area, Germany stands to lose up to 77 bln euros. These figures
More
At least 13 potential casino operators have shown initial interest for the island’s first integrated gaming resort, with the deadline for the first phase ending on Friday. Government officials told a joint parliamentary session of the Finance and Commerce committees that the bidders are waiting for the final bill on the operation of the casino
More
. The arrogance of the former Cyprus Airways staff has no bounds. The bad attitude of some, often displayed in-flight and at check-in counters, showed its ugly face when the (not) 560 staff showed up at the Ministry of Finance to demonstrate the airline’s closure. Some shouted and others pushed, trying to get into the
More
By Jameel Ahmad, Chief Market Analyst at FXTM The currency markets were completely rocked yesterday after the shocking and completely unexpected monetary decision from The Swiss National Bank (SNB). Although the SNB has remained on front-line defence of the 1.20 EURCHF floor for a long period of time and repeatedly reiterated its commitment towards the
More
The European Central Bank has approved the appointment of Mr Bert Pijls as the Chief Executive Officer of Hellenic Bank. Mr. Pijls, who was appointed by Hellenic Bank’s Board of Directors for the above position on 7th November 2014, was granted the supervisory authorities’ approval and as from today he officially assumes office duties. It’s
More
* Ten airlines ready to fill Cyprus Airways gap * Ten airlines are ready to step in and fill the void created by the long-overdue demise of Cyprus Airways, after the national carrier shut down at midnight on Friday when its final flight returned home to Larnaca from Athens. Already, Greek operator Aegean Airlines said on
More
. By Oren Laurent President, Banc De Binary To say that the hacking of Sony Entertainment was not the company’s finest hour would be an understatement. Along with four unreleased films and the personal data of 47,000 employees, the hackers exposed several gossip columns worth of information about actor scandals and back-stabbings. The online world
More
Ryanair launched the first celebrations marking its 30th birthday. Since its first flight took off in 1985, Ryanair has grown: – From 1 route (Waterford to London Gatwick) to over 1,600 routes – From 2 countries to 30 across Europe and North Africa – From 4 daily flights to over 1,600 daily flights – From
More
. Marcuard's Market update by GaveKal Dragonomics On Wednesday, the eurozone is likely to inch a step closer to quantitative easing when the European Court of Justice hands down its preliminary ruling on the legality of the European Central Bank’s programme of Outright Monetary Transactions proposed in 2012. While the ECJ is expected to find
More