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631. AXIA Ventures Group receives Global Finance 2018 award

632. Mandatory disclosure rules: the calm before the storm

It is a well-known fact that a storm is always preceded by a strange calm. This could be the perfect description of what is about to come, as a result of the latest changes adopted on May 25th of this year by the Council of the European Union...

633. Anastasiades: Investment fund registrations up 18%

634. Bank of Cyprus CEO makes the case for Cyprus recovery

635. Cyprus bond achieves best borrowing rate in Euro era

636. More Turkish Cypriots seek higher wages in the south

Reports in the northern part of the island show the devaluation of the Turkish lira and higher wages in the south are driving more Turkish Cypriots to seek employment in the Republic of Cyprus...

637. Cyprus and Egypt to sign agreement for sub-sea European pipeline

638. Cyprus issues sovereign bond, draws €1.5 billion at 2.4%

639. The fall of a post-junta era symbol

640. Cypriot documentary 'The Ghost of Peter Sellers' wows in Venice and Telluride

641. Investors in Cyprus can reap benefits

Participants at the third Cyprus International Investors Summit in Limassol got to see a list of competitive advantages that make Cyprus stand out in starting a business on the island...

642. Putin and Xi make pancakes

643. EBRD investment to rise in FYROM, Greece

The European Bank for Reconstruction and Development (EBRD) expects its investment in the Former Yugoslav Republic of Macedonia and Greece to rise significantly after the two countries manage to solve the dispute regarding FYROM’s name, an EBRD official said....

644. Moody’s thumbs up to Bank of Cyprus bad loans sale

Moody’s credit rating agency says the recent sale of Non-Performing Loans by the Bank of Cyprus worth €2.8 billion is a positive step...

645. Cyprus goes all out in the maritime insurance game

Cyprus has been a serious contender in the maritime and shipping industry, but recently it emerged as one of few unbeatable alternatives for big foreign P&I clubs looking to set shop home away from home...

646. Regling says Greece will remain linked to ESM

Greece will be monitored more closely by the European Stability Mechanism (ESM) and the other institutions after its bailout ends six days from now compared to other countries that emerged from rescue programs, according to ESM chief Klaus Regling....

647. Global jitters hit Greek bonds

Just days before Greece is to emerge from its international bailouts, upheaval in international markets took a toll on Greek bonds on Thursday, driving yields up above 4 percent....

648. Forbes calls Wilbur Ross a ‘grifter’

US Secretary of Commerce Wilbur Ross, the former vice-chairman of Bank of Cyprus, is being accused of being a grifter, following allegations that he swindled associates out of millions...

649. Men sentenced for assaulting billionaire investor

The Famagusta District Court handed down sentences to four men in connection with the beating of Egyptian investor Naguib Sawiris, hours before the stone laying ceremony for the Ayia Napa marina back in 2016...

650. Investing in knowledge

A growth rate of 1.9 percent is way too small for a country like Greece, especially as the rest of Europe’s performance is so much more robust. This is, after all, a country that shed 25 percent of its gross domestic product (GDP) in the course of a decade. What we should be seeing, therefore, is the effect of a tightly wound spring, whereby a virtuous cycle of growth begins and only gets faster with time. Instead, we’re hobbling along at 1.9 percent, the slowest rate an economy can achieve after hitting rock bottom....

651. Moody’s says BoC better off after UK sale

Rating Agency Moody’s has described the sale of Bank of Cyprus UK as credit positive, noting that the sale would place Bank of Cyprus in a better position to focus on reducing its domestic high stock of problematic loans...

652. Cyprus wants to rein in ‘passport-selling’ agencies

The Cyprus government has issued strict guidelines aimed at curbing the overt promotion of passports, censuring agencies that explicitly try to lure rich foreign nationals for enrollment in the citizenship-by-investment programme...

653. Tsipras in UK in bid to promote Greek role in Balkans, seek investors

Prime Minister Alexis Tsipras is in London on Monday for a three-day visit during which he is scheduled to meet with his counterpart, Theresa May, and the head of the Labour Party, Jeremy Corbyn, while attempting to present Greece as a significant player in the Balkans and investigate investment interest....

654. Conference on Funds & Cryptocurrencies, a success

A half day Conference with the subject of “Funds & Cryptocurrencies: The Development and the Technology” was successfully completed for a second consecutive year, on the 14th of June 2018 at the Four Seasons Hotel in Limassol...

655. Worried investors looking for Lillevyali in Cyprus

The whereabouts of Russian hedge fund manager German Lillevyali are currently unknown, but his possible location in Cyprus is shrouded in even more mystery as people are looking to get their money back...

656. Funds & Cryptocurrencies: The Development and the Technology

For the second consecutive year, the Cyprus Chamber of Commerce and Industry, Cyprus-Russian Business Association and K. Treppides & Co Ltd are organizing a half day conference on the 14th of June 2018 at Four Seasons Hotel in Limassol, in an attempt to inform the investors and the Global Market about the Cyprus Fund’s market and the relationship that the Funds in Cyprus can have with the technology...

657. Treppides Annual event in Moscow

K. Treppides & Co Limited is delighted to announce its annual event in Moscow taking place on the 6th of June 2018...

658. President says Cyprus ready for the maritime challenge

Cyprus is once again showing its strength in the maritime industry, with President Nicos Anastasiades reiterating government support for what he called ‘one of the most important priorities’ of his administration...

659. Finance Ministry issues six-year bonds for natural persons

Cyprus Finance Ministry issued domestic bonds for natural persons amounting to €6.77 million, Public Debt Management Office (PDMO) announced....

660. Passport scheme could bring ‘Dutch disease’ to Cyprus

The Fiscal Council is warning that the passports-for-cash scheme could mean that some sectors of the economy could suffer while others grow, a phenomenon known as the Dutch disease...