GREECE Greek hoteliers sue booking.com over equal pricing rules Kathimerini Greece Newsroom Greek hoteliers, led by the Hellenic Chamber of Hotels (HCH), are preparing to take legal action against Booking.com, claiming damages that could total tens of millions of euros. READ MORE
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
In Cyprus cash is king Cyprus and Greece top the list of using traditional dough for money transactions Newsroom 13/04/2018 | BUSINESS
Georgiades makes a “good case” for Co-op sell-off Cyprus Cooperative Bank at a crossroads with two options on the table Newsroom 12/04/2018 | BUSINESS
House prices in Cyprus increased 2.7% on a quarterly basis The quarterly rise in property prices is among the highest in the European Union Newsroom 11/04/2018 | BUSINESS
Alpha Cyprus gets new owner Seven million deal makes no noticeable changes for viewers Newsroom 11/04/2018 | BUSINESS
Tesco beats guidance with 28 percent full-year profit increase The supermarket group made an operating profit before exceptional items of 1.644 billion pounds Source: Reuters 11/04/2018 | BUSINESS
Revenue from tourism spikes 8.5% in January Income from tourism reached €38.4 million in January compared to €35.4 million in the same month of 2017 Newsroom 10/04/2018 | BUSINESS
Hundreds of flights cancelled in Germany as airports hit by public sector strikes Lufthansa said it was cancelling more than 800 of its planned 1,600 flights on Tuesday Source: Reuters 10/04/2018 | BUSINESS
Limassol company fined €8000 for oil pollution Authorities issue out of court fine on the spot Newsroom // | BUSINESS
Privatisation of Co-op may lead to the creation of a 'bad bank' The Finance Ministry deposited €2.5 billion in the CCB to allay fears over a bank run Newsroom / CNA 06/04/2018 | BUSINESS