The government is currently intensively working to get prepared for the second evaluation of the Cyprus economy, following the signing of the bailout memorandum, Deputy Government Spokesman Victoras Papadopoulos has noted, asked what the government expects from the visit of the Troika to Cyprus late October. Papadopoulos noted that the government hopes that Cyprus’ second
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New routes to Clark, between New York and Milan and a new A380 service to Brisbane Emirates’ expansion reaches new heights with the launch of flights to Clark in the Philippines, the inauguration of a route between Milan and New York, and a brand new A380 service to Brisbane – all on the same day
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Asian stocks were pegged back on Friday, with Japanese shares hitting a four-week low and the dollar languishing around an eight-month trough as the U.S. budget standoff dragged on, building fears of increasingly serious economic consequences. Tokyo's Nikkei fell 0.7% after shedding as much as 1.5% to its lowest since September 6, taking its cue
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Eintracht Frankfurt take on APOEL FC in Nicosia on Thursday with the Group F lead in their sights, determined to reach the knockout rounds of the Europa League having already brushed aside FC Girondins de Bordeaux. But the host Cyprus champions, who made it to the quarter finals of the UEFA Champion’s League two years
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Superstar DJ, Bob Sinclar and grand slam tennis champion, Victoria Azarenka lead a list of celebrities joining forces with the European Commission to celebrate the inaugural Day of the Ex-Smoker. Cyprus joined this celebration for the Day of the Ex-Smoker by organizing a an informative event in the old part of the capital Nicosia with
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With more than 80 years of experience in the United Kingdom and other European countries, Holland & Barrett offers an unparalleled range of natural health products and remedies. Products of the highest quality at the best prices for any consumer who is after “the good life”! Equipped with intensive and on-going training, the Holland &
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Cyprus announced that the first appraisal well in its offshore gasfield near Israeli waters has indicated reserves of 3.6-6 trln cubic feet, with an average 5 tcf, below the initial estimates in 2011 by licensee Noble Energy. Energy and Trade Minister George Lakotrypis said on Thursday that the Houston-based exploration and production company will probably
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IKEA, the world's biggest furniture retailer, is to sell solar panels at its British stores, the first time it has offered the devices and marking an attempt to tap growth in the heavily subsidised green energy market. The Sweden-based company, best known for cheap basics such as its Billy bookcases and Ektorp sofas, plans to
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Rating agency Moody`s said on Thursday it maintained its outlook for Cyprus` banking system as negative, noting it estimates that the Cypriot banks will require additional capital of some €1.5 billion due to higher than estimated economic contraction and soaring loan-loss provisions. Moody`s has maintained the Cyprus banking system as negative since May 2009. "The
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Despite the difficult economic conditions, PwC Cyprus achieved an increase in revenues of 3.3% reaching €77,3 mln for the financial year 2013 which ended on June 30. PwC Cyprus saw strong growth during the months between July 2012 to March 2013, when Eurogroup decision had an adverse impact on results, it said at the annual
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