BANKS Eurobank opens Mumbai office, links India–Europe payments Newsroom Eurobank officially opened its representative office in Mumbai on Thursday, marking a major step in its expansion into India, with Cyprus playing a key role in the new bridge between Europe and one of the world’s fastest-growing economies. READ MORE
Whitbread to spin off Costa Coffee Activist investors pushed for Britain’s biggest coffee chain to be listed as a separate business Source: Reuters 25/04/2018 | BUSINESS
Cyprus is open for business and China’s buying The island is throwing open its doors while Germany and France build barriers 24/04/2018 | BUSINESS
One in five financial institutions consider cryptocurrency trading Retail interest in the buying and selling of digital coins exploded last year after prices skyrocketed Source: Reuters 24/04/2018 | BUSINESS
Cyprus hotels in need of staff Hoteliers say foreign students from non-EU countries could be part of solution Newsroom 24/04/2018 | BUSINESS
ECB mulls shelving rules tackling eurozone NPLs The guidelines, which were expected by March, had been presented as a key plank of the ECB’s plan Source: Reuters 23/04/2018 | BUSINESS
Legislation in the works to tax Airbnb rentals in Cyprus Proposal solves taxation but traditional tourism stakeholders still see airbnb as unfair competition Newsroom 23/04/2018 | BUSINESS
Buying Greek property makes sense Greek real estate has regained its appeal for investors, both foreign and domestic Kathimerini Greece Newsroom 23/04/2018 | BUSINESS
Cyprus recovery is being recognised by international agencies Fitch is the latest credit agency to upgrade the country's investment outlook Newsroom / CNA 21/04/2018 | BUSINESS
Co-op suffered 'nightmare' bank run Top CCB official says withdrawals totalled 1.9 billion in first three months of the year Newsroom 19/04/2018 | BUSINESS
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
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