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
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
Loans in banking system reach €51.1 billion Adjusting for currency fluctuations, total loans in February exhibited a net increase of €41.2 million Source: CNA 27/03/2018 | BUSINESS
Economic Sentiment Indicator decreased by 1.6 points in March Consumer confidence was driven by downward revisions in consumers’ expectations about their future financial conditions Newsroom 26/03/2018 | BUSINESS