The yield on ten year treasury bonds dropped to the lowest level in almost four years, falling to 4.948%. The Cypriot 10-year bond which matures on 2020, fell at the secondary bond market at 4.948% at the end of transactions on Thursday. The previous day it had closed at 5.008%. As a result the margin against the

The President of Cyprus Nicos Anastasiades received on Friday a financial contribution from the State of Kuwait, aiming to assist the work of the Committee on Missing Persons with €200,000. The contribution was handed over during a ceremony at the Presidential Palace, in Nicosia, by the Ambassador of Kuwait Ahmad Salem Ahmad Al-Wehaib. According to

Cyprus in line with EU targets, prepares a national action plan for green growth, after the approval of the Cabinet, said Minister of Agriculture and Natural Resources Nicos Kouyialis in a speech at a conference about the prospects of environmental tax reform in times of economic crisis. The conference was organized by the European Commission

President of the Republic Nicos Anastasiades has called a meeting on June 24 to review the progress of investigations that are underway into Cyprus` economy debacle, Government Spokesman Nikos Christodoulides announced here on Friday. In statements to the press, at the Presidential Palace, Government Spokesman said that during the meeting President Anastasiades will be informed

Focused on privatization, financial and corporate sector the European Bank for Reconstruction and Development`s (EBRD) activates in Cyprus very soon, Managing Director of the Bank Jean-Marc Peterschmitt has said. Speaking Friday, after a meeting a delegation of EBRD had with President of the Republic Nicos Anastasiades, Peterschmitt said that EBRD is very pleased to now

Yiorgos Ierodiaconou, General Manager of Ph. Photiades Breweries, makers of the first Carlsberg beer outside Denmark since the 1960s, has been short-listed for the European Quality Leader 2013 award of the European Quality Organisation (EOQ) which will take in Goteburg, Sweden, next week. Ierodiaconou was proposed as the island’s candidate by the Cyprus Association for

The Cyprus government has decided to take an active role in regional affairs with President Nicos Anastasiades attending the swearing in ceremony of Egypt’s new leader, Abdel Fattah al-Sisi, in Cairo on Sunday, to which a limited number of state leaders have been invited. Cyprus aims to maintain very warm relations with its southern neighbour,

 * Overseas Cypriots may be targeted next — €585 mln debt repayment “soon” * The government believes its first issue for up to 10 mln euros worth of 6-year retail bonds was a success and is continuing with the monthly issues, with the aim of raising some 100 mln euros every year, an amount that

Lawyers for former executives at Bank of Cyprus and now defunct Laiki Popular are challenging the Cyprus Securities and Exchange Commission’s harsh fines totaling about 8 mln euros regarding the purchase of toxic Greek government bonds and misleading information given to the public and in the relevant prospectuses. The Bank of Cyprus and Laiki Popular