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Cyprus showing signs of confidence says EBRD

The Cyprus economy is showing signs of confidence and optimism the European Bank of Reconstruction and Development EBRD said in… Read More

Recent Articles

30 September 2014

Limassol Marina at the Monaco Yacht Show 2014

For the fourth consecutive year, Limassol Marina participated at the Monaco Yacht Show recently alongside internationally renowned operator, Camper & Nicholsons Marinas. Read More

30 September 2014

Greece, Egypt and Cyprus agree to strengthen relations

Greece, Egypt and Cyprus have expressed their commitment to work closely and strengthen their cooperation in areas of mutual benefit, following a trilateral meeting by the countries' Foreign Ministers in… Read More

30 September 2014

Reform must continue after the troika leaves, minister warns

Once Cyprus exits the economic adjustment programme, structural reforms must continue beyond that date to ensure the island never again has to resort to outside assistance, Finance Minister Harris Georgiades… Read More

30 September 2014

Cyprus GDP to increase by 0.4% in 2015’

The Fiscal Council, a body set up to supervise the planning and execution of budgetary policy, said recently it expected that economic growth for 2015 will range around 0%, but did not… Read More

30 September 2014

EU Commissioner for Health optimistic about Cyprus’ health reforms

The National Health Scheme the government has pledged to fully implement by July 2016 would have been necessary even if the economic crisis had not occurred, the EU Health Commissioner Tonio… Read More

28 September 2014

Jobless rate drops in Q2 2014

Unemployment fell on a quarterly basis in Q2 to 15.4% from 16.9%, the statistical service said recently. Read More

28 September 2014

Cyprus hosts regional meeting on safety of oil operations

Experts and companies in the field of energy take part in the first regional meeting for collaboration on ‘Safety and Environmental Protection of Offshore Oil and Gas Operations in the… Read More

28 September 2014

Gulf Air announces Larnaca-Kuwait flights

Gulf Air has announced twice-weekly flights between Kuwait and Larnaca in response to demand from Kuwait, it said recently. Read More

25 September 2014

Capital Intelligence raises Bank of Cyprus FSR to B-

International rating agency, Capital Intelligence (CI), announced that it has raised the Bank of Cyprus' (BoC) Financial Strength Rating (FSR) to 'B-' (from 'C+'), reflecting the greatly improved capital… Read More

25 September 2014

Bank of Cyprus selling off property

The Bank of Cyprus is understood to be close to clinching agreements to sell 10 pieces of property, it emerged recently. Read More

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