The Central Bank of Cyprus is expected to inform the Troika (European Commission, European Central Bank, International Monetary Fund) about the newly elected members of the board of the Bank of Cyprus. CNA has learnt, that the Central Bank will most probably conclude today the assessment of the new members of the Bank of Cyprus

The Ministry of Foreign Affairs has issued a travel advice as regards Lebanon. The Ministry calls upon citizens of the Republic of Cyprus, who are permanent residents or intend to travel to Lebanon, to avoid non-essential travel, to exercise caution, to monitor news reports for any other developments, and follow instructions of the Authorities. In

Based on the MoU signed between Cyprus and its international lenders (The Troika, EC, ECB, IMF), the restructuring plan should be finalized by the end of September and submitted to the EU Competition Committee. Meanwhile, CNA has learnt that in October the implementation of the provisions relating to the merger of the Cooperative Credit Institutions

Banc De Binary, Cyprus’ first CySec licensed binary options trading company, is celebrating its success this year by expanding its Limassol staff. The company, registered and licensed in Cyprus, is launching a recruitment campaign across the city to hire highly-trained professionals to join its many departments, including Customer Service, Sales, Compliance and Communications. Banc De

Hotel One of 20 Hilton Worldwide Properties Recognized at the Prestigious Awards Hilton Cyprus has been recognised as Cyprus’s leading hotel and Cyprus’s leading business hotel at the European final of the renowned World Travel Awards 2013, voted for by travel agents worldwide. At the Europe Gala Ceremony, which took place in Antalya, Turkey, on

An American citizen of Cypriot origin will be elected for the first time as member of the New York City Council. Despite the fact that Greek American John Catsimatides was not nominated as Republican candidate for the municipal elections in November, an other member of the diaspora, of Cypriot origin, Kostas Konstantinides, is expected to

Christis Hasapis, an economics professor at the University of Cyprus and one of the two representatives of the staff provident fund, has been chosen by fellow directors as chairman of the new Bank of Cyprus board, with Vladimir Strzhalkovskiy, one of six Russians on the board, as vice chairman. Of the 49 names contesting board

The historic shareholders’ meeting to elect a new board for the Bank of Cyprus ended after a tense three hour session at the Filoxenia conference centre late Tuesday, paving the way for the bank’s restructuring plan to be approved and implemented. The bank’s interim management came under harsh criticism from disgruntled shareholders who were not