Search

241. Coronavirus derails southern Europe's clean-up from the last crisis

This year was meant to mark a turning point for Greek and Italian banks as they finally laid the ghosts of the financial crisis to rest. Then the coronavirus struck....

242. Cyprus enjoys strong growth prospects but contingent liabilities remain

Strong growth prospects and sustained fiscal discipline places Cyprus on a firm declining path but contingent liabilities, healthcare and public sector wage-related costs, as well as weaker external conditions, pose risks to the fiscal outlook, Scope rating agency said in commentary on Cyprus....

243. Shift in global funding led by private capital

Private equity firms now manage commitments of nearly US$3.4t globally, up from less than US$500b in 2000, and in a significant shift new capital from private markets has surpassed for capital raised in public markets for the first time ever...

244. Insurers need profound transformation and the right talent

As insurance industry growth remains stagnant for another year due to low interest rates, the shifts in consumer demographics around the world coupled with heightened expectations for digital experiences present insurers with risks and opportunities...

245. Businesses must address digital fatigue and consumer privacy

246. Visitor begs for thief to return wooden urn

A woman from Poland is pleading for the return of a wooden urn containing her son’s ashes, after her rental car was burglarized in Limassol...

247. «Growth momentum moderates» in Cyprus according to Εuropean Commission Autumn Economic Forecast

"Growth momentum moderates" in Cyprus, according to the headline assessment of the European Commission`s Autumn Economic Forecast for the country, presented today by Commissioner Moscovici in Brussels....

248. Cypriot NGO celebrates EU day for fighting Human Trafficking

The 18th of October is the EU day for fighting Human Trafficking. The NGO Cyprus Stop Trafficking (CyST) organised an event in Nicosia on the day, in order to increase awareness of this big problem occurring in Cyprus...

249. Mitsotakis in New York – opportunities, substance, results

This week will see the first appearance of Prime Minister Kyriakos Mitsotakis at the United Nations General Assembly. He will make the customary speech before the plenary and be received by the UN secretary-general. However, the substance will be in the meetings that are to take place on the sidelines of the proceedings. ...

250. Moody's changes Cyprus outlook to positive

Rating agency Moody’s changed the outlook for the Cypriot economy to positive from stable, citing the reduction of the sovereign exposure to event risks stemming from the banking sector and the improving fiscal strength beating previous expectations...

251. Scope rates Cyprus with BBB-

Scope Ratings affirmed last week the Republic of Cyprus’ BBB- long-term issuer and senior unsecured local- and foreign-currency ratings, along with a short-term issuer rating of S-2 in both local and foreign currency, noting that all outlooks are stable...

252. Moody’s expects deleveraging to resume but warns over small economy and high level of debt

The credit profile of Cyprus reflects its small but wealthy economy, improved economic resilience and the government`s fiscal outperformance in the wake of the country`s banking crisis, Moody's Investors Service has said in an annual report. ...

253. Kastellorizo ignored by Turkey in EEZ map

Turkish Foreign Minister Mevlut Cavusoglu presented a map Monday of Turkey’s exclusive economic zone (EEZ) stretching south of the southeastern Aegean island of Rhodes to a few miles west of Paphos on Cyprus’ western coast. ...

254. S&P affirms Bank Of Cyprus ratings

Standard & Poor’s affirmed on Tuesday their `B+/B` long- and short-term issuer credit ratings on Bank of Cyprus Public Co. Ltd. (BoC), noting that the outlook is stable...

255. Cyprus 'one of the success stories of ESM'

256. Fitch Upgrades Hellenic Bank

257. ExxonMobil VP for Europe exploration to brief Cyprus President

258. Cypriot bond yields tumble after stellar bond sale

259. Cyprus 2019 GDP forecast at 3.3%

260. Exxon reportedly discovers oil in Cyprus Block 10

261. Moody's upgrades Bank of Cyprus and Hellenic Bank

262. Tsipras wins confidence vote paving the way for Prespes deal

263. Finance Minister: Slogans and populism do not create jobs

264. Hellenic Bank’s Economic Review

265. Shell companies ''This is over, its finished''

266. New directive on shell companies improves anti-money laundering practices

267. Economic growth in Cyprus remains strong

268. Fitch Ratings upgrades Cyprus to investment grade

269. Moody's keeps Greek rating unchanged at B3

Moody’s kept Greece's sovereign credit rating unchanged at B3, with a positive outlook, in a credit opinion it issued on Wednesday....

270. Fitch Ratings upgrades Bank of Cyprus