Search

1. Largest Hotel in Cyprus Reopens its doors

2. Wars over imported damaged vehicles

Transport ministry officials are getting serious pushback from groups opposing a new guideline that would require car damage history to be disclosed to prospective buyers of used vehicles...

3. Bill sparks kosher debate in Cyprus

Animal rights advocates are up in arms over a new government bill that would allow slaughterhouses in the Republic of Cyprus to incorporate kosher rituals, a procedure described by animal rights activists as inhumane...

4. Coronavirus derails southern Europe's clean-up from the last crisis

This year was meant to mark a turning point for Greek and Italian banks as they finally laid the ghosts of the financial crisis to rest. Then the coronavirus struck....

5. Economic sentiment deteriorates in March reflecting COVID-19 pandemic initial impact

6. New decree enforces ban on car sales, exempts certain groups from movement ban

7. Coronavirus thrusts Cyprus into consumerist frenzy

The coronavirus outbreak has brought on a widespread consumerist frenzy across the island. Market research by Kathimerini found that retailers saw a skyrocketing of sales to the tune of over 400% compared to the corresponding period last year, even surpassing sales during the Christmas period....

8. Travel agents issue SOS as cancellations mount

Cancellations and minimal new bookings have brought travel agents to “the brink of disaster”, the President of the Cyprus Association of Travel Agents, Vasilis Stamataris, said in a press conference on Wednesday....

9. Greece reports fourth COVID-19 case, Eurozone says 'ready to act'

As health authorities confirmed the fourth case of coronavirus in Greece on Friday, the Greek government pressed forward with its drive to contain its spread. ...

10. Economic sentiment in Cyprus falls in February due to weaker business confidence in services

In February 2020, economic sentiment in Cyprus deteriorated as the Economic Sentiment Indicator (ESI-CypERC) decreased by 0.7 points compared with January 2020....

11. Insurers need profound transformation and the right talent

As insurance industry growth remains stagnant for another year due to low interest rates, the shifts in consumer demographics around the world coupled with heightened expectations for digital experiences present insurers with risks and opportunities...

12. Soaring reviews and high praise for the all new Nissan Juke

With its bold, sporty character and rebellious design, the next generation Nissan Juke Coupe Crossover earned high praise at its official unveiling event, where members of the Media had the exclusive opportunity to experience the latest addition to the Nissan model range ...

13. Fuel targets rehash gas price debate

Consumers are crying foul over rising gas prices at the pump, with some resorting to crossing the checkpoints to fill up in the north as the government draws criticism for failing to meet EU energy goals...

14. GCC achieves high Customer Satisfaction

15. Stepping into 2020: Limassol Del Mar Takes Shape

16. Senate-approved EastMed on Trump’s desk

US Congress’ approval of a spending package that includes the Eastern Mediterranean Security and Energy Partnership Act of 2019 signals a “new day in Greek-American relations,” said Senator Bob Menendez, one of the authors of the bipartisan legislation...

17. CITR Cyprus calls for modern insolvency rules

18. PwC presented its new publication for the real estate and land development sector

PwC Cyprus presented its publication on the Cyprus land development market, entitled "Cyprus Real Estate Market - First Half in Review", atan event held in Nicosia on 19 November...

19. Trump has ‘wonderful’ meeting with Erdogan

US President Donald Trump on Wednesday pushed Turkish President Tayyip Erdogan to walk away from the purchase of a Russian missile defense system, calling it a “very serious challenge” to bilateral ties, even though he described a meeting between the two leaders as “wonderful"...

20. Turkey reacts to EU sanctions over Cyprus

President Tayyip Erdogan said on Tuesday the European Union’s decision to sanction Turkey over drilling off the coast of Cyprus could disrupt talks with the bloc, and he warned that Turkey could send captured Islamic State fighters to Europe...

21. EU okays framework on Turkey over Cyprus

European Union foreign ministers agreed on Monday economic sanctions over Turkey's drilling off the coast of Cyprus, setting up the legal framework for travel bans and asset freezes but leaving names until a later date...

22. Cyprus signs deal for offshore gas concession

Cyprus and the Aphrodite consortium on Thursday signed an exploitation license and a revised production sharing contract, aiming to start natural gas production in 2025, generating projected revenues of $9.3 billion for a period of eighteen years ...

23. Moody's changes Cyprus outlook to positive

Rating agency Moody’s changed the outlook for the Cypriot economy to positive from stable, citing the reduction of the sovereign exposure to event risks stemming from the banking sector and the improving fiscal strength beating previous expectations...

24. Coca-Cola Hellenic buys out Acque Minerali

Local Coke bottler Coca-Cola Hellenic (CCHBC) has made its second buyout of 2019, acquiring Italy’s Acque Minerali, which is active in the domain of bottled water and refreshments. ...

25. Interview with Endy Zemenides

Ever since Joe Biden declared that Cyprus was a “strategic partner” of the United States, people have been trying to identify substance behind those words. There has been a similar search of what “best relations ever” between the U.S. and Greece means...

26. Trump hits China with more tariffs, sharply escalating trade dispute

U.S. President Donald Trump vowed to impose a 10% tariff on $300 billion of Chinese imports from Sept. 1, sharply escalating a bruising trade war between the world’s largest economies and jolting financial markets. ...

27. Finance Committee seeks compromise on foreclosures

The House of Representatives Finance Committee meets on Friday to discuss proposals that would normalize the legislative framework on foreclosures...

28. Non-performing loans decline to €10.14 billion

Non-performing loans as defined by the European Banking Authority declined to €10.14 billion in March 2019, marking a reduction of €151 million compared to previous month. ...

29. ECB warns of 'significant negative impact'

The European Central Bank (ECB) has warned of “significant negative impact” to the Cypriot banking system in case a new law amending the legal on foreclosures is implemented. ...

30. Carbo One and Cyprus NOC presented their partnership in the run-up to the Olympics

Carbo One Limited has joined the sponsorship family of the Cyprus National Olympic Committee, in the category of Major Sponsor, as announced by the Cyprus NOC on Monday, 29 July 2019, during an event at the Olympic House in Nicosia. The collaboration of the NOC with Carbo One, one of the largest companies in Cyprus, is an important step forward for the Committee in achieving its goals in the pre-Olympic year we are currently going through. ...