Comments on Cyprus at UN Comments by Turkish Foreign Minister Ahmet Davutoglu at UN press briefing – 26 September 2013 Q: Mr. Foreign Minister I listened to President Gul on Tuesday and I listened today to President Anastasiades and I sensed a much different tone in 26 years that I cover the UN General Assembly.
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Sportsdirect.com, which has over 100 stores across the Euro-Zone, are opening a brand new store at My Mall in Limassol at the beginning of October. Founded in 1982 the company now has 7 stores in Cyprus, which cements its position as the biggest sports retailer in the country by both size and revenue. Sportsdirect.com is
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Cyprus President Nicos Anastasiades concludes a week-long diplomatic offensive in New York and Washington in an effort to drum up support for his plan to revive the stalled peace talks and lure Turkey back to the negotiating table. Anastasiades met with leaders and foreign ministers of members of the United Nations Security Council as well
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. Speech by the President of the Republic, Mr Nicos Anastasiades, at the United Nations General Assembly, in New York (Thursday, 26/9/2013) Mr President, Mr Secretary General, Excellencies, It is a great honour to address this august body for the first time in my capacity as President of the Republic of Cyprus. And I wish
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Greece's biggest oil refiner Hellenic Petroleum has offered a voluntary redundancy scheme (VRS) to as many as 300 employees, or almost 8 percent of its total workforce, to cut costs, two company sources told Reuters on Friday. The offer predominantly targets administrative staff and a deadline for eligible employees to apply expires at the end
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The Cyprus House of Representatives approved on Thursday a bill on immovable property tax, a condition of a €10 billion bailout agreed last March between Cyprus and the Troika (European Commission, European Central Bank and the IMF). The plenary approved an amendment to the bill according to which properties of up to €12,500 will not
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Deposits in Cyprus for August 2013 declined by 2.9% or €1.45 billion, figures released today by the Central Bank of Cyprus show. This is the lowest deposit reduction rate since the March Eurogroup, which imposed a conversion of uninsured deposits to equity, the so-called bail-in, to rescue Cyprus` ailing banks, as part of a €10
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The Cyprus Cooperatives Credit Institutions are completing their restructuring plan, a precondition for a capital injection of €1.5 billion granted by the state. Giorgos Iosif, Chairman of the Committee of the Cooperative Central Bank told CNA that the plan will be submitted to the Central Bank of Cyprus and the Finance Ministry. "The last instructions
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Greece's far-right Golden Party has threatened to pull out of parliament, a move that would trigger a wave of by-elections that could destabilise the country, its leader said late on Thursday. The threat came after a self-proclaimed Golden Dawn supporter killed an anti-fascist rapper in Athens last week, prompting a court investigation into whether the
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Piraeus Bank SA, Greece's second-largest bank, is planning to list unit Geniki Bank on the stock exchange in the next six months, the Financial Times reported on Thursday, citing people briefed on the plan. Piraeus has hired Deutsche Bank AG and Barclays PLC to advise on the listing, which could raise about 200 million euros
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