MPs discuss how to manage future gas revenues

MPs discuss how to manage future gas revenues

After almost a year, MPs on Monday resumed discussion of a government bill providing for the creation of a National Investment Fund to manage future hydrocarbons proceeds. The bill, drafted by the fi [...]
Cyta will receive little from sale of Greek operations

Cyta will receive little from sale of Greek operations

Only a fraction of the €118m raised from the sale of Cyta Hellas to Vodafone will end up in the coffers of the parent company, the state-run telecoms corporation said on Monday. Speaking in parliam [...]
Cyprus checklist for young entrepreneurs

Cyprus checklist for young entrepreneurs

Would you move to Cyprus to start your own business? A new study sheds some light on what you should consider. Cyprus is number 32 on a list of the 57 best countries to move to if you’re young and [...]
Capital Intelligence affirms Cyprus’s rating, outlook placed on positive

Capital Intelligence affirms Cyprus’s rating, outlook placed on positive

The economy is expected to grow at a rate about 3 per cent this year and in 2019, the rating company said. Capital Intelligence also cited the government’s satisfactory access to finance and the gr [...]
Government raises more than €9 million through a six-year bond issue

Government raises more than €9 million through a six-year bond issue

The Ministry of Finance has raised €9,04 million through a six-year bond issue for natural persons 3rd Series (March 2018), the Public Debt Management Office (PDMO) said in a press release. The PDM [...]
Inspired Spring Decor

Inspired Spring Decor

Carve out a sunny nook to refresh and recharge with a mini tabletop greenscape. A tray table makes it easy to move plants near a window's natural light. Place plants that share light and watering need [...]
Co-op workers give union green light to call strike

Co-op workers give union green light to call strike

Workers at the Cyprus Cooperative Bank (formerly the Cooperative Central Bank) on Thursday gave their union the green light to take all necessary action, including strikes, as a reaction to the bank†[...]
New European Wi-Fi network for airline passengers to launch

New European Wi-Fi network for airline passengers to launch

A new European Wi-Fi network for airline passengers will be launched by the end of June, the companies behind the project said. German telecoms company Deutsche Telekom and communications firm Inmars [...]
Bank of Cyprus sounds the alarm over pressures to its operating costs

Bank of Cyprus sounds the alarm over pressures to its operating costs

The Bank of Cyprus management sounded the alarm on Tuesday pointing out the need for cost cuts, as the bank's operating cost structure will be challenged by the need to reduce its non-performing loan [...]
Housing loan company set to lower lending rates

Housing loan company set to lower lending rates

The Housing Finance Corporation (HFC) said on Monday it was poised to lower lending rates while also announcing the imminent roll-out of three new financing schemes. The HFC’s director-general Andr [...]
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