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
UK food prices likely to rise without a Brexit deal If no trade agreement with the EU is reached there could be shortages of some products Source: Reuters 11/05/2018 | BUSINESS
Radisson hotels take over Larnaca A long-awaited business hotel opens in July in the middle of a busy summer Newsroom 10/05/2018 | BUSINESS
Bank of England keeps powder dry on rate rise Weak growth during a snowy start to 2018 was likely to be only temporary, but it wanted to see a pick-up in the economy Source: Reuters 10/05/2018 | BUSINESS
TUI plans to bring more German tourists to Cyprus Cyprus Tourism Organisation officials promote island as all-year-round destination Newsroom 10/05/2018 | BUSINESS
EBRD more upbeat about Cyprus growth rate It estimates that the economy will grow by 3.2% in 2018, up 0.7% compared with the November projection Source: CNA 10/05/2018 | BUSINESS
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Bad news for Bitcoin believers Buffett bashes bitcoin as thriving on mystique and favours stocks Source: Reuters 07/05/2018 | BUSINESS
Cyprus and Israel need gas-sharing deal to tap East Med riches A rights squabble over Cyprus' main natural gas field is threatening to delay multi-billion dollar plans Source: Reuters 07/05/2018 | BUSINESS
Cyprus summit to discuss gas pipeline to Italy It will top the agenda when Anastasiades hosts a meeting with the prime ministers of Israel and Greece Newsroom 07/05/2018 | BUSINESS
Cyprus Residency and Citizenship-by-Investment Scheme Remains Appealing to Investors Strong Growth Prospects Continue to Attract International Investment 07/05/2018 | BUSINESS
