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
Bad loans still high despite fast economic growth The IMF is worried about the level of NPLs in Cyprus Newsroom 02/04/2018 | BUSINESS
Coops privatisation process attracts «significant investor interest» That expression of interest has been submitted by international and local entities Newsroom / CNA 29/03/2018 | BUSINESS
Bank chief urges business to help in a speedier resolution of NPLs Bank of Cyprus’ CEO John Patrick Hourican wants business community to help tackle bad loans Newsroom 29/03/2018 | BUSINESS
UK house price growth unexpectedly slows to seven-month low House prices rose 2.1 percent in the year to March, weaker than all forecasts in a Reuters poll of economists Source: Reuters 29/03/2018 | BUSINESS
Cyprus central government debt at €18.3 billion at end 2017 Cyprus central government debt marked a reduction of €683 million compared with 2016 Newsroom / CNA 28/03/2018 | BUSINESS
Cobalt launches Larnaca-Heathrow flights Cyprus’ largest airline commences daily services to London's biggest airport Newsroom 28/03/2018 | BUSINESS
Guardian criticized over Greek crisis tour Is arranging an “educational and informative tour of modern Greece Newsroom 28/03/2018 | BUSINESS
Ryanair's Jordan schedule takes off from Paphos The airline has released seats at prices starting from just €2 Newsroom 28/03/2018 | BUSINESS
Some 68% of young unemployed Cypriots are unwilling to move for a job In the EU more than half of the young unemployed are not ready to relocate to find work Newsroom / CNA // | BUSINESS
Fitch upgrades Bank of Cyprus covered bonds to 'BBB' However, it points out, «missing income information still results in a DTI Class 5 assumption» Newsroom / CNA 27/03/2018 | BUSINESS
TECHNOLOGY
