For the sixth consecutive year 93 graduates fully trained and equipped with the necessary knowledge and skills and ready to face the current economic challenges, are entering into the business world after completing the MBA Program of the University of Cyprus. As part of Student Graduation Ceremony held on February 21, postgraduate diplomas were awarded

The Ministry of Communications and Works is in contact with Eurocontrol for establishing an independent authority that will be responsible for air navigation or Cyprus airspace control, a practice followed in almost all 29 Eurocontrol member states. Minister of Communications Tasos Mitsopoulos briefed the parliamentary Committee on Communications regarding the operation, staffing and flight safety

The Cyprus Securities and Exchange Commission aims at regaining investors’ confidence and restoring the credibility of the financial system, said the Chairwoman of the Commission Demetra Kalogirou. She noted that by the end of 2014, the Commission will introduce a new automated system of risk based supervision, as requested by the Troika of international lenders.

A hundred and forty drug-related deaths were recorded in Cyprus since 2004, according to data by the national documentation and information center on drugs. Justice Minister Ionas Nicoalou said on Thursday that data show that from 287 people arrested in 2013 in relation to addictive substances, 276 were men and 11 were women. From them,

The European People’s Party manifesto acknowledges Cyprus as a “European pillar of stability in the region” and calls for a Cyprus solution, based on UN and EU principles. Furthermore, it calls on Turkey to withdraw its troops from the island and implement the Ankara Protocol, while underlining respect for the sovereign rights of EU members

A seminar on the economic benefits of a Cyprus solution is taking place on Thursday and Friday in Brussels, according to a press release, issued by the embassies of Finland, Sweden, Denmark and Norway. Following the recent resumption of the Cyprus peace negotiations, the Nordic countries have taken the initiative for a Brussels based seminar

Nearly 95,000 Turkish Cypriots will automatically be enrolled to vote in the European Parliament elections on May 25 following a bill approved by the Cyprus House of Representatives. This means that more than 600,000 people from both communities will go to the polls together for the first time in more than five decades of the

Europe’s leading low-cost carrier Ryanair has reported a 7% year-on-year increase in passenger traffic, rising from 4.2 mln in February 2013 to 4.5 mln in February this year. The airline, that is launching a handful of new routes from Cyprus next month, including Athens’ central Eleftherios Venizelos airport, said that its load factor also increased

Fitch Ratings has affirmed Bank of Cyprus’ and Hellenic Bank’s long-Term Issuer Default Rating (IDR) at `RD` (restricted default), upgrading at the same time the banks` Viability Ratings (VR) to `cc` and `ccc`, respectively, from `f”`. However Fitch views BoC, and to a lesser extent HB, at risk of a VR downgrade, that would mainly