Greater Restructuring Required

Info: Dr. George Mountis is Managing Partner of Delfi Partners. The Central Bank of Cyprus (CBC) started releasing data on the non-performing loans (NPLs) of commercial and cooperative banks in J [...]

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BY OPulse Admin
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Mar 30 2015

The Cyprus Economy: Two Years On

Courtesy of Gold News Two years on from Cyprus’ now infamous bail-in – an event which shook the island’s economic foundation to its core – the future appears brighter, with significant pr [...]

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BY OPulse Admin
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Mar 27 2015

House of Representatives suspends implementation of foreclosures legislation

The Cyprus House of Representatives decided on Thursday, in a unanimous vote, to suspend until 2 April the implementation of a foreclosures law that is a key condition of the country’s EU/IMF bailou [...]

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BY OPulse Admin
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Mar 22 2015

Taking the First Step Towards Commercial Hydrocarbon Exploitation

Ongoing explorations of – and deliberations regarding – Cyprus’ hydrocarbon reserves are set to turn to commercial exploitation as Noble Energy prepares to declare the commercial viability of bl [...]

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BY OPulse Admin
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Mar 17 2015

Delfi Parters & Co: Lending Rate Reductions Offer “Much Welcomed Breathing Room”

The research hub of Delfi Parters & Co has published its latest in-depth report on the most recent developments within Cyprus’ recovering banking sector. Focusing on the recent announcements ma [...]

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BY OPulse Admin
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Mar 12 2015

Quantitative Easing to Begin on March 9

The European Central Bank’s quantitative easing programme will be launched on March 9, with the purchase of some €1 trillion in euro area government bonds.“Following up on our decisions of 22 Ja [...]

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BY OPulse Admin
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Mar 08 2015

Fifth Insolvency Bills Approved

The fifth and final bill of the insolvency framework – a legislative package whose completion is expected to see the full implementation of the island’s foreclosures law – has been approved by t [...]

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BY OPulse Admin
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Mar 06 2015

Positive Developments: Unemployment Falls in Cyprus

The rate of unemployment in Cyprus recorded a modest decrease in January 2015, falling to 16.1% from 16.4% the previous month. Though a positive development, the figure still represents a higher prop [...]

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BY OPulse Admin
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Mar 03 2015

Russian navy vessels to dock in Cyprus

Russian navy vessels will dock in Cypriot ports as part of an agreement signed between the two countries on Wednesday, Russia’s President Vladimir Putin said. Speaking through an interpreter during [...]

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BY OPulse Admin
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Feb 26 2015

Greek deal prompts calls to renegotiate bailout

Political parties and government officials on Saturday greeted the previous day’s Eurogroup agreement with Greece with relief, with some demanding of the president go ahead and renegotiate Cyprus’ [...]

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BY OPulse Admin
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Feb 23 2015