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 [...]

Nicosia to get facelift and new mobility plan by 2020

NICOSIA will have a complete facelift by 2020 as regards mobility infrastructure, state officials and the town’s mayor Constantinos Yiorkadjis said on Friday. The Nicosia Integrated Mobility Master [...]

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 [...]

DBRS upgrades Cyprus rating by one notch

CREDIT rating service DBRS has upgraded its long-term rating for Cyprus from B (low) to B, it announced on Friday. A press release issued on Friday said the upgrade reflects DBRS’ view that strong [...]

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 [...]

Troika concludes eighth review

Subject to four prior actions, the eighth review of the Cyprus economic adjustment programme has been successfully completed by the troika of the island’s international lenders (IMF, EC, ECB) FINAN [...]

Coop bank movement needs another €100m

The cooperative banking movement on Thursday announced it requires some €100 million in taxpayers support to remain viable. The announcement comes just two years after the state’s €1.5 billion [...]

Σε αναμμένα κάρβουνα η κυβέρνηση

Σε αναμμένα κάρβουνα κάθεται η κυβέρνηση ενόψει της σημερινής συνεδρίασης της βουλής, όπου θα τεθεί προς ψήφ [...]

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 [...]

Troika due back in Cyprus November 8 for eighth evaluation

A Troika delegation (IMF, EC, ECB) returns to Cyprus on November 8 for the eighth evaluation of the island`s adjustment programme which ends on March 31, 2016. The Cyprus News Agency said the intern [...]

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