Minister of Transport, Communication and Works Marios Demetriades will hold this week in Brussels and Paris a series of meetings. In Brussels, he is expected to meet with Eurocontrol Director of the...
The House Plenary voted on Thursday a bill amending the Cyprus Ports Authority Law. This will allow the Ministry of Transport, Communications and Works to proceed with the publication of the tender...
11/06/2015
One hundred-twenty-six state and civic officials from the public sector receive salary and pension at the same time, after the Supreme Court ruled as unconstitutional the non parallel payment of...
05/06/2015
“We should not return to practices of the past that are responsible for the derailment of the economy”, Finance Minister, Harris Georgiades stated on Friday. Mr. Georgiades, speaking before the...
29/05/2015
German Finance Minister, Wolfgang Schaeuble believes it is possible that capital controls may be imposed in Greece as part of efforts to deal with its fiscal crisis. That at least is an implication...
27/05/2015
Finance Minister, Harris Georgiades said on Wednesday that the positive GDP growth in the first quarter of 2015 is a significant development that confirms the positive prospects of the Cyprus economy...
13/05/2015
Hedge fund mogul Daniel Loeb called billionaire Warren Buffett a hypocrite. Daniel Loeb manages funds of $17.5 bn of Third Point, which is a major shareholder of Hellenic Bank with a share of 22.55...
07/05/2015
The Ministry of Labour aims at introducing a comprehensive policy plan to tackle undeclared work by the end of the year. According to an official announcement, Labour, Welfare and Social Insurance...
04/05/2015
Sheikh Fuad al Ghanim, a major investor representing a multinational company based in Kuwait, expressed his interest in investing in many sectors of the Cyprus economy, including aviation,...
30/04/2015
Fitch Ratings has today revised Hellenic Bank's Long-term Issuer Default Rating (IDR)from CCC to B- and Bank of Cyprus' IDR from CC to CCC. As the firm states " These upgrades mainly reflect...
28/04/2015