CYPRUS PROBLEM New café to open inside closed Famagusta, sparks debate Newsroom The so-called ''mayor'' of the occupied area of Famagusta, Suleiman Ulucai, announced plans for a new beach restaurant to open this summer inside the closed-off city of Varosha, raising fresh tensions amid the ongoing division of Cyprus. READ MORE
Hellenic Bank CEO Michalis Louis on merger plans and Cyprus' future Louis reveals key strategies for growth, liquidity, and the bank's expansion in Cyprus and beyond. Newsroom 09/12/2024 | BUSINESS
Geopolitical turbulence presents a looming threat to 2025 economic growth Moody’s Nick Hill says that digital transformation balances risks and rewards Newsroom 09/12/2024 | BUSINESS
A critical step for economic growth in Cyprus includes tax reform Minister of Finance outlines plans for a fairer, more efficient, and globally competitive tax system Newsroom / CNA 09/12/2024 | BUSINESS
Major developments expected in 2025 for Vasilikos Cyprus races to complete stalled energy project while PROMETHEAS ship awaits release from Shanghai Newsroom 09/12/2024 | BUSINESS
Cyprus Parliament approves limit on large cash transactions New law aims to combat money laundering with a €10,000 cash transaction cap and strict penalties for violations. Newsroom 06/12/2024 | BUSINESS
Business loans on the rise in Cyprus, but consumer borrowing takes a hit October sees a significant increase in business lending, but higher interest rates and a drop in consumer loans signal mixed ... Newsroom 05/12/2024 | BUSINESS
Whistleblower exposes Thessaloniki art gallery forgery scandal Tipoff uncovers a trove of fake art linked to prominent Greek painters; three arrested as police fill vans with suspect ... Kathimerini Greece Newsroom 05/12/2024 | BUSINESS
Intrakat’s €1 million debt to Cypriot subcontractors sparks legal action Greek contractor's failure to pay suppliers for Pafos-Polis motorway project could lead to legal action Newsroom 04/12/2024 | BUSINESS
CYPRUS PROBLEM
