MARKET TRENDS

Special arrangements for Total in port move

A Monday meeting between the Ministers of Transport and Energy with representatives of energy giants Total, ENI and Noble, culminated in the decision for a technical committee to record the need [...]

BY OPulse Admin
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Feb 16 2016

Money trail leads to Disy and maybe Akel

Attorney General Costas Clerides has confirmed that a paper trail suggests that Cyprus’ two biggest parties benefited from undeclared financial contributions totaling a combined €1.48 million from [...]

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BY OPulse Admin
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Jan 28 2016

Politicians increasingly discredited

The rift between citizens and politicians is growing just a few months before the parliamentary elections while at the same time the credibility of independent institutions is enhanced. A new survey [...]

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BY OPulse Admin
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Jan 25 2016

FBME heading back to court

THE Nicosia district court will next week continue hearing the case brought before it, where the Central Bank of Cyprus (CBC) is seeking to appoint a liquidator for the Cyprus branch of the Federal Ba [...]

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BY OPulse Admin
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Jan 14 2016

Government generates a 1% fiscal gap in January to November

Overall expenditure rose 2.8 per cent to €5.3bn in the first eleven months of the year compared to the respective period of 2014, the finance ministry said. The rise in spending was on increased cur [...]

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BY OPulse Admin
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Jan 01 2016

Telephony Unification Encounters Delays

The unification of the mobile network in Cyprus has encountered significant legal obstacles, leading to a delay in the implementation of the confidence-building measure between the island’s two comm [...]

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BY OPulse Admin
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Dec 22 2015

Cyprus in top ten for property searches

Cyprus is back in the Top 10 for real estate enquiries worldwide it was announced by the property website Cyprus Property News. Cyprus leaped four places to number ten in the November 2015 edition of [...]

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BY OPulse Admin
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Dec 15 2015

Hourican to remain Bank of Cyprus’s CEO for two more years

The new contract of the bank’s CEO who submitted his resignation in April citing personal reasons and took over his position in late 2013, will enter into force on February 2016. “I would like to [...]

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BY OPulse Admin
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Nov 24 2015

Εταιρείες: 54 χιλ. διαγράφονται, 40 χιλ. γλιτώνουν

Παράταση μέχρι τις 31 Μαρτίου του 2016 να υποβάλουν τις ετήσιες οικονομικές τους εκθέσεις, δίνει ο Έφορος Εταιρε [...]

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BY OPulse Admin
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Nov 07 2015

Greek government suspends plans to hike tax on rental incomes

Greece’s leftist government suspended plans on Wednesday to increase tax on rental incomes after a public outcry, saying it was still negotiating with international lenders on required reforms ahead [...]