The law on foreclosures of mortgaged immovable properties, passed recently by the House of Representatives, will contribute to the return of clients to the negotiating table, high ranking bank...
The Cyprus Chamber of Commerce and Industry (CCCI) and the Turkish Cypriot Chamber of Commerce (KTTO) have launched a bi-communal internship programme which has as its main objective to support cross...
The Greek government appears to have tapped funds from its holding account at the IMF to make today’s €750m payment to the IMF, Reuters reported on Tuesday. “With Athens close to running out of cash...
The parliament is expected to extend the prohibition for the securitization and sale of loans by banks to third parties until June 26, until the government submits the relevant bill. The prohibition...
The government intends to refer back to parliament a law regulating opening hours of shops, following legal advice from the Attorney General. Government Spokesman Nicos Christodoulides said the...
House of Representatives President Yiannakis Omirou has told his EU counterparts that harsh austerity measures will not solve ongoing problems European countries are facing. He was addressing the...
Independent Criminal Investigator Panagiotis Kallis begins writing his report in connection with an alleged bribery of Deputy Attorney-General Rikkos Erotokritou. Sources told CNA that Kallis...
In 1999 a group of undergraduates founded StockWatch. Their only capital was their idea and an overdraft of €25.000. Fifteen years later StockWatch celebrates entrepreneurship by organizing a...
The shipping industry should become the "flagship" of Cyprus` economic growth, Vice-president of the Board of Directors of the Cyprus Ports Authority(CPA) and Head of the Department of Commerce,...
The 35th Decree on the enforcement of restrictive measures on transactions has been published today in the Gazette with the following significant relaxation: The decree provides for an increase of...