TECHNOLOGY TechIsland, Invest Cyprus team up to attract global tech investment Shemaine Bushnell Kyriakides In a move expected to enhance Cyprus’s appeal as a tech hub, TechIsland has signed an agreement with Invest Cyprus to attract more foreign investors, with a particular focus on the technology sector. READ MORE
Cyprus recovery is being recognised by international agencies Fitch is the latest credit agency to upgrade the country's investment outlook Newsroom / CNA 21/04/2018 | BUSINESS
Co-op suffered 'nightmare' bank run Top CCB official says withdrawals totalled 1.9 billion in first three months of the year Newsroom 19/04/2018 | BUSINESS
IMF projects Cyprus GDP growth to exceed 4% in 2018-19 GDP is projected to grow by 4–4¼ percent during 2018-19, underpinned by a pipeline of mainly foreign-funded, large construction ... Newsroom / CNA 18/04/2018 | BUSINESS
CNN video peeks at Cypriot EU passports for Russians Video journal shows how cash and politics shape the citizenship market on the island Newsroom 17/04/2018 | BUSINESS
FinMin: Revenue from NPLs management will repay cost of support to Co-op Harris Georgiades said that pressure on the banking system by the European supervisory authorities is continuous Newsroom / CNA 17/04/2018 | BUSINESS
Netflix programming binge pays off with subscriber surge Blitz of original programs attracted a surprisingly high 7.4 million new customers from January to March Source: Reuters 17/04/2018 | BUSINESS
Cobalt offers new business class fares Travellers between Cyprus and Athens get lower fares and upgraded comfort this summer Newsroom 16/04/2018 | BUSINESS
Greek banks seen passing ECB's stress tests The results of which will be published in May, the chief executive of the country’s second-biggest lender National Bank ... Source: Reuters 16/04/2018 | BUSINESS
Scholz seen to pick up where Schaeuble left off Discussions on debt relief measures can only begin after a debt sustainability analysis Newsroom 13/04/2018 | BUSINESS
Banks in Cyprus, Greece and Portugal may need further reserve build-up Fitch said asset quality at EU banks is likely to continue improving in 2018 and 2019, helped by economic growth Newsroom / CNA 13/04/2018 | BUSINESS