BANKS More interest rate hikes on the way, hitting Cypriot borrowers again Panayiotis Rougalas The last time the European Central Bank (ECB) raised interest rates was on September 20, 2023. But all signs suggest that another increase could be coming as early as next week. READ MORE
UK urged to prioritise travel in Brexit talks to create jobs Travel and tourism’s contribution to Britain’s gross domestic product grew by 6.2 percent in 2017 Source: Reuters 22/03/2018 | BUSINESS
Cyprus and UK sign new treaty for double taxation avoidance The previous agreement dated back to 1974 Newsroom / CNA 22/03/2018 | BUSINESS
Hedge funds show interest in Cyprus co-op Wilbur Ross’ investment group throws hat in the ring Newsroom // | BUSINESS
Zuckerberg apologises for Facebook mistakes He promised tougher steps to restrict developers’ access to user information Source: Reuters 22/03/2018 | BUSINESS
Limassol first to open casino Construction against the clock for temporary venue in summer 2018 Newsroom 21/03/2018 | BUSINESS
Cobalt launches Athens-London route The new Athens service will be the second London Gatwick route for the carrier Newsroom 21/03/2018 | BUSINESS
Co-op Bank en route to healthy future Cyprus cooperative bank ready to move forward without massive NPL problem Newsroom 21/03/2018 | BUSINESS
Cyprus records €0.4 billion negative trade balance Total imports in Cyprus amounted to 0.6 billion euro a -2% decrease Newsroom / CNA 20/03/2018 | BUSINESS
Cooperative Bank looking to attract investors The bank’s aim is to to select a potential investor before the summer Newsroom / CNA 19/03/2018 | BUSINESS
UK home-sellers raise prices by most since 2007 British home-sellers raised their asking price by 1.5 percent in March Source: Reuters 19/03/2018 | BUSINESS
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