TOURISM Nine countries ease travel advisories while officials weigh new support for struggling hotels. Photo credit: booking.com Cyprus tourism slumps as British demand drops and bookings fall 60% Dorita Yiannakou The main source of tourism for Cyprus is weakening this year. British travelers, who make up the country’s largest tourism market, are showing hesitation and caution because of geopolitical instability in the Eastern Mediterranean. READ MORE
ECB starts buying Cypriot bonds after ratings upgrade The Eurosystem has restarted purchases of Cypriot government bonds Source: Reuters 27/09/2018 | BUSINESS
Limassol port yields €67 million Privatization has proved successful Newsroom / CNA 27/09/2018 | BUSINESS
Bank of Cyprus plans voluntary layoffs in 2019 500 employees in the first quarter of 2019 Panayiotis Rougalas 26/09/2018 | BUSINESS
Nicosia Mall shoots for November opening Done deals on all 150 shops, Zara said to be part of the new shopping centre Maria Eracleous 24/09/2018 | BUSINESS
Golf resort firm reappoints members Cyprus Limni Resorts & Golfcourses Plc reappoints four board members, reaffirms high quality project Newsroom 21/09/2018 | BUSINESS
Bank of Cyprus CEO makes the case for Cyprus recovery John Hourican spoke to Bloomberg TV Newsroom 21/09/2018 | BUSINESS
Airbnb complies with EU demands US-based platform falls in line with fairer practices as Cyprus bill goes to the House Newsroom 20/09/2018 | BUSINESS
Cyprus Casinos looking to hire Melco’s C2 looking to hire 200 more for its satellite casinos while also launching website Newsroom 20/09/2018 | BUSINESS
Greek banks to chase borrowers who refused to open their accounts Borrowers had until last Saturday to reject the lifting of their account secrecy Kathimerini Greece Newsroom 19/09/2018 | BUSINESS