funds Archives - Page 4 of 4 - Financial Mirror

Cyprus funds home energy drive

Cyprus is launching schemes in a bid to meet its EU 2030 environmental targets set in its national Climate Plan 2021-2030 which includes subsidies for making homes more energy-efficient. The EU has

28th January 2021

Energy

Cyprus to absorb €968 mln in EU funds for sustainable society

Over the next seven years, Cyprus plans to absorb €968 mln in EU structural funds for a more connected, energy-efficient and sustainable society, said Finance Minister Constantinos Petrides. Petrides is satisfied that

14th January 2021

Energy

EIB funds cleaner new Cyprus power plant

The European Investment Bank has approved €76 mln to finance the construction of a new power plant outside Limassol by the Electricity Authority of Cyprus for cleaner energy transition. According to an

18th December 2020

Energy

COVID19: Cyprus should use EU Pandemic funds for reforms

Nicosia should utilize EU pandemic funds to promote reforms that would diversify its economy, Klaus Regling, the European Stability Mechanism General Director told the Economist 16th Cyprus Summit. “Cyprus will receive a

25th November 2020

Cyprus/Economy/Europe

Cyprus investment funds continue upward trend

Cyprus’ investment funds sector continued its upward growth trend in the second quarter with the number of entities rising 5.4% to 199 from 189 in the previous quarter as total assets neared

17th August 2020

Business

Most Cypriots have no emergency funds for unexpected

Almost half of Cypriots are not able to pay for their own funeral or meet other unforeseen expenses, reveals a Eurostat survey. According to a survey conducted by Eurostat, 48% of Cypriots

6th May 2020

Cyprus/Life & Society

State equity fund to finance SMEs and start-ups

Cyprus seeks to address challenges facing small and medium-sized enterprises (SMEs) in obtaining financing, by creating a state Equity Fund which will inject cash into capital-starved businesses and start-ups. Currently, the lack

2nd March 2020

Business

Insurance investment funds offer investors a way out

While deposit rates are at rock bottom with some banks even applying negative interest on large sums, Insurance companies argue that their investment funds may offer shrewd investors a way out. According

23rd February 2020

Business

Historic high in investment fund assets

Cypriot investment fund assets hit a historic high in 2019 reaching a total of €6 bln on a 27% annual rise, data released by the Cyprus Central Bank shows. The number of

20th February 2020

Business