The implementation of the National Health System (NHS), as well as Cypriot patients access to innovative medicines, will be discussed during separate meetings between the Director General of the European Federation of Pharmaceutical Industries and Associations (EFPIA), Mr Richard Bergstrom, and the Ministers of Finance and Health on 4 September in Cyprus. According to an

The long-time chief executive of the Hellenic Bank, whose conservative policies may have saved the bank from a similar demise of the other lenders in Cyprus, announced his resignation on Monday in what analysts believe is an effort by new shareholders to have a greater say. Makis Keravnos, CEO since September 2005, having previously served

Hellenic Bank, the island’s second biggest lender that avoided a public bailout after private investors stepped in and pumped about €100 mln earlier this year, announced that after-tax losses doubled year-on-year to €95.5 mln, due to a deterioration of the bank’s loan portfolio and further increase in provisions. The bank’s new chairwoman, Irena Georgiadou, in

European Commissioner for Trade, Karel De Gucht, will be in Cyprus on September 4 to attend a trade event. As announced by the Trade Service of the Ministry of Energy, Commerce, Industry and Tourism, Karel De Gucht will be the keynote speaker at a trade event that will take place on Thursday, 4 September 2014,

Patriarch of Jerusalem Theophilos arrives on Saturday in Cyprus for an official visit on the occasion of a youth programme organised for the third year by the Church of Cyprus, involving young people from the Patriarchates of the Middle East. On Sunday, Patriarch Theosophilos and Archbishop of Cyprus Chrysostomos II will jointly lead a liturgy

The House plenary, scheduled to convene on Monday to discuss a series of draft bills on foreclosures, will be postponed until the end of next week, and possibly until Friday, September 5th. President of the House Committee on Financial and Budgetary Affairs Nicolas Papadopoulos, speaking on Friday during the extraordinary session of the House Committees

A series of events promoting the arts in Cyprus launched at Limassol Marina last night, in the presence of the unassuming residents and visitors eating their dinner or strolling along the promenade. The renowned Greek composer and singer, Stephanos Korkolis, together with the young and talented singer Sophia Manousaki, enchanted everyone around them in an

President of the Republic of Cyprus Nicos Anastasiades has sent a letter to newly-elected Turkish President Recep Tayyip ErdoÄŸan, congratulating him on his election, and noting his expectation that the Turkish President will become personally involved in efforts to solve the Cyprus issue. The letter was received cordially by Ankara, sources say. Greek Foreign Ministry

Total deposits in Cyprus Banks in July 2014 exhibited a net decrease of €153,3 million, as compared with a net decrease of €370,3 million in June 2014, according to data released Thursday by the Central Bank of Cyprus (CBC). The annual growth rate stood at -4,6% as compared with -5,7% in June 2014. The outstanding