Thirteen operators have expressed interest in Cyprus` casino- resort project, expected to cost approximately half billion euro, Energy, Commerce, Industry and Tourism Minister Yiorgos Lakkotrypis has...
In 2013, flows of money sent by Cyprus residents to another country, referred to as personal transfers, amounted to 486 million euros, while inflows to Cyprus totalled 123 million euros, Eurostat has...
The industrial turnover index in Cyprus in the first nine months of the year showed a decrease compared to last year. According to the Statistical Service, for the period January – September 2014,...
EU Commissioner for Regional Policy, Corina Cre?u approved on Monday a programme of investments backed by EU Regional and Cohesion Funds, that will play a crucial role in putting Cyprus on the tracks...
Cyprus strongly endorses an investment plan unveiled in late November by European Commission President Jean Claude Juncker, Under Secretary to the President Constantinos Petrides has said. Petrides...
Cyprus will continue to improve and update the incentives offered to shipping entrepreneurs and explore new incentives, ensuring that its attractiveness and competitiveness as a ship-management and...
Bounced cheques worth €3,106,319 were issued from the beginning of the year until November, according to data published on Friday by the Central Bank of Cyprus. In November 2014 alone bounced...
The largest decrease in GDP was registered in Cyprus during the third quarter of 2014, according to Eurostat. Compared to the second quarter of 2014, GDP in Cyprus registered a negative growth of 0.4...
Cyprus has been ranked 64th out of 189 countries in the World Bank’s 2015 Doing Business Report, presented Friday by the Cyprus Investment Promotion Agency (CIPA). The annual Doing Business report...
Tackling Non Performing Loans (NPLs), a change of the business model used, the need for transparency and lifting remaining capital controls, as well as regaining the trust of customers and attracting...