Anastasiades on an official visit to Lebanon

President Nicos Anastasiades arrived in Lebanon on Sunday for a three-day official visit. Anastasiades is to hold official talks on Monday with Lebanon’s President Michel Aoun. Among the issues to [...]

MARKET TRENDS
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BY Elena Economou
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Jun 11 2017

Gesy row deepens, parties cry foul

Opposition parties Diko and Edek on Friday dismissed as slander claims that they launched last-minute attempts to wreck the national health scheme (Gesy) and that, on the contrary, it was the last two [...]

MARKET TRENDS
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BY OPulse Admin
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Jun 09 2017

Cyprus moving towards a second fuel storage terminal

Discussions between the Cyprus Organisation for Storage and Management of Oil Stocks (KODAP) and the European Investment Bank (EIB) for the financing of a fuel storage terminal are progressing smoothl [...]

MARKET TRENDS
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BY Elena Economou
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Jun 09 2017

UK election deals May a crushing blow, blurring Brexit talks

Prime Minister Theresa May was fighting to hold on to her job on Friday as British voters dealt her a punishing blow, denying her the stronger mandate she had sought to conduct Brexit talks and instea [...]

MARKET TRENDS
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BY Elena Economou
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Jun 09 2017

Cyprus makes Cyta privatisation move

In the first phase, the bill calls for the creation of a successor company that – pending a date issued by a cabinet decree – will be a private entity tasked with running the authority. Unions, a [...]

MARKET TRENDS
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BY OPulse Admin
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Mar 21 2017

Russian involvement in Cyprus energy ‘will be beneficial’ to all

CYPRUS supports involvement of Russian companies in its energy market, the Cypriot ambassador to Russia has said. Ambassador George Kasoulides told Sputnik: “As far as the energy sector is concern [...]

FINANCE
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BY OPulse Admin
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Feb 16 2017

Courts issue 56 debt release orders

The Insolvency Service has managed to secure fifty six debt release orders (DRO) for debtors who were unable to repay dues of up to twenty five thousand euro, as a result of the economic crisis. So f [...]

MARKET TRENDS
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BY OPulse Admin
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Dec 09 2016

Determination of land ownership rights

THE Department of Lands and Surveys must avoid the registration of immovable property from the name of a deceased to a person claiming ownership of same, except if a duly notarised written consent of [...]

TIPS & ADVICE
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BY OPulse Admin
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Nov 26 2016

UK could slash corporation tax to 10 pct if EU blocks trade deal in Brexit

Britain could slash corporation tax to 10 percent if the European Union refuses to agree a post-Brexit free trade deal or blocks UK-based banks from accessing its market, the Sunday Times reported, ci [...]

MARKET TRENDS
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BY OPulse Admin
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Oct 24 2016

BOC contests court ruling banning application of new foreclosure law

In its September 12 ruling concerning a 2007 mortgage deal, the court ruled that Bank of Cyprus had to proceed to the foreclosure of the property based on a 2006 court order and had therefore no right [...]

FINANCE
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BY OPulse Admin
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Sep 23 2016