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Fitch puts long-term credit rating at B+

Fitch puts long-term credit rating at B+

Fitch Ratings has affirmed Cyprus’ long-term credit rating at B+ with a positive outlook, even as risks continue to weigh… Read More

Recent Articles

26 May 2016

Cyprus bathing waters the best in Europe

The European Union’s annual bathing water report recently listed Cyprus as having the most ‘excellent’ beaches for swimming amongst all the member states. Read More

26 May 2016

No need for additional fiscal measures in the next two years, says Cyprus Finance Minister

Cyprus will not be needing to take additional fiscal measures in the next two years, Minister of Finance Harris Georgiades told an economic forum that took place in Nicosia recently. Read More

26 May 2016

Thomas Cook gives top marks to Cyprus’ beach for weddings

Thomas Cook has recommended Ayia Thekla beach, in the village of Sotira, in the Famagusta district, as the perfect place to hold civil weddings, in the summer 2016 edition of its… Read More

26 May 2016

IMF drafting central bank reform laws for Cyprus

Central Bank of Cyprus governor Chrystalla Georghadji said that the International Monetary Fund is drafting the legislative framework for the reorganisation of the supervisory authority’s structure, the Cyprus News… Read More

25 May 2016

Cyprus Energy Minister to address a Natural Gas Europe event in Brussels

Cyprus Minister of Energy, Commerce, Industry and Tourism, George Lakkotrypis departs for Brussels where he will be a key speaker in an event titled 'Cyprus: A Key Player in the… Read More

25 May 2016

Cyprus’ Investment Funds assets at €2.7 billion in March 2016

Investment Funds assets amounted to €2,693 million in March 2016, marking a reduction of 6.7% compared December 2015, figures released recently by the Central Bank of Cyprus show. Read More

25 May 2016

Cyprus and Latvia sign double tax treaty

Cyprus and the Government of the Republic of Latvia recently signed in Brussels the Treaty for the Avoidance of Double Taxation on Income. Read More

25 May 2016

UK’s Microgen acquires Limassol-based InfoScreen for €1.8m

Business software developer Microgen Financial Systems, a London-based company that is part of the technology group Microgen Plc with a €42m turnover in 2015, said that it acquired the Limassol-based InfoScreen … Read More

25 May 2016

Value of Cyprus’ retail trade turnover rises 2.5% in March 2016

The turnover in the retail trade rose 2.5% in March 2016 compared to the respective month of 2015 in terms of value, the statistical service said recently. Read More

24 May 2016

Larnaca port next in line for development

The General Manager of the Ministry of Transportation Alecos Michaelides said the state will begin to reap the benefits of Limassol’s privatised port as soon as 2017, with the Larnaca… Read More

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