The 6-year government retail bonds programme is expected to continue despite no longer carrying an attractive interest rate of almost 6% and having to depend solely on local investors. Despite being removed
Businesses in Cyprus, including small and medium-sized enterprises (SMEs), may benefit from export and import opportunities available through the European Bank for Reconstruction and Development (EBRD) doubling its trade finance limit to the Bank
“Cash is king” is a phrase according to which money (cash) is more valuable than any other form of investment tool. According to Investopedia, this trusted phrase also refers to the cash
The search for alternative finance has taken a new urgency following the collapse of the government’s efforts to pass the bank-loan guarantee legislation, leaving thousands of businesses, big and small, at the
By Phedonas Phedonos Policies introduced to tackle the economic crisis caused by the COVID-19 pandemic relies on a fundamentally wrong perception of what it actually is. It perceives the coronavirus crisis as
Cyprus’ Finance Ministry is finalising a revised economic support package which will amount to at least €1.5 bln, approximately 7% of GDP, to buffer businesses against Covid-19, reliable sources told CNA. Last
The 16th annual CFA Forecasting Event of CFA Society Cyprus held in Nicosia was attended by more than 250 bank executives, investment, accounting and audit firm executives, as well as high-ranking state
Cyprus has paid off early an International Monetary Fund loan that was part of a €10 bln rescue package in 2013 from lenders to save the island’s banking system, with analysts praising
Cyprus has paid off early an International Monetary Fund loan that was part of a €10 bln rescue package in 2013 from lenders to save the island’s banking system. Finance Minister Constantinos
Cyprus has mandated investment banks to manage a double bond issue comprising a 10-year and 20-year euro-denominated bonds, the Ministry of Finance announced. “The Republic of Cyprus, rated BBB- (stable) by Standard
