BOC announces €553m net loss, real estate fund to reduce NPLs

BoC said it also received regulatory approval to set up a real estate fund and have it listed on the Cyprus Stock Exchange. It includes €729m in provisioning charges, up 173 per cent, €38m in imp [...]

New record for tourist arrivals

October saw the highest number of tourist arrivals in Cyprus ever recorded in the tenth month of the year, the Statistical Service of Cyprus reported on Friday. Cystat announced that on the basis of [...]

Cyprus’s advantages at London conference

The competitive advantages that Cyprus offers to investors are the subject of a conference being held in central London, attended by the Presidential Commissioner Photis Photiou, a number of entrepren [...]

Easy Bedroom Makeover Ideas That Will Make Your Space Look Brand New

If you want to retreat to a relaxing space at the end of the day (and who doesn't?), you don't have to invest thousands of dollars for a top-to-bottom makeover. All of these ideas are simple enough [...]

Government strives to turn Cyprus into world-class business destination

The government is striving to make Cyprus a world-class destination for business and investment, President Nicos Anastasiades said on Monday, as he received on Monday the credentials of the Ambassador [...]

EBRD projects stronger growth for Cyprus

The European Bank for Reconstruction and Development (EBRD) has upgraded its growth forecast for 2017 and 2018, by 1% and 0.3% respectively, for the Cypriot economy, with concerns however regarding th [...]

Unions stand by strike threat over future of EAC

Unions at the state power company EAC on Monday appeared still poised to go through with an announced two-hour strike for later this week, amid fresh pleas from the government to put off the industria [...]

Parliament approves VAT on building land bill

Parliament on Friday approved a bill imposing 19 per cent VAT on the sale of building land, fulfilling an EU condition some 10 years after the original deadline.     The bill passed with the vo [...]

FinMin: Funds choose Cyprus

Cyprus is gaining recognition as an attractive fund domicile with a potential for further significant growth, says Monday Minister of Finance Harris Georgiades, addressing the 3rd International Funds [...]
Page 1 of 31
Click here to get the latest news