ECONOMY Photo courtesy CIO Business World From Silicon Valley to Cyprus, tech titans eye the island for their next big move Newsroom Cyprus is making bold moves on the global investment stage, with recent diplomatic and business outreach campaigns targeting major players in the U.S. and India. READ MORE
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
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