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
Finance Ministry issues six-year bonds for natural persons Amounting to €6.77 million Newsroom / CNA 30/05/2018 | BUSINESS
Passport scheme could bring ‘Dutch disease’ to Cyprus Fiscal council wants government to keep eye on the ball and carry on with reforms Newsroom 30/05/2018 | BUSINESS
Korean-Hellenic ship forum to highlight ties The seminar will focus on the Korean shipbuilding industry Kathimerini Greece Newsroom 29/05/2018 | BUSINESS
Government and Co-op begin consultations with bidders Teams being set up to sort through issues ahead of co-op deal Newsroom 29/05/2018 | BUSINESS
Greeks control 20% of global merchant fleet Greek shipping remains a global leader, controlling 20 percent of the global fleet in deadweight tons 25/05/2018 | BUSINESS
Cyprus Airways takes delivery of second Airbus The new aircraft will be integrated directly into the company’s summer flight programme Newsroom 25/05/2018 | BUSINESS
ARIS joins forces with Taurus Aurum to supercharge the Cypriot startup entrepreneurship ecosystem Gaining access to cutting-edge know-how to help develop and accelerate ideas 25/05/2018 | BUSINESS
IMF, Berlin still divided over Greek debt but progress in sight European Commissioner Pierre Moscovici said Greece was on the final stretch to exit the bailout Newsroom 24/05/2018 | BUSINESS
British Bases dismiss allegations over casino hold up Press release says any consultations were based strictly on environmental factors Newsroom 24/05/2018 | BUSINESS
M&S to close 100 UK stores in four years The company is accelerating a drive to re-shape its business as it strives to make at least a third of sales online Source: Reuters 22/05/2018 | BUSINESS
