
FinancialMirror
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CYPRUS: Tourism revenue up 4.4% in 2015
Tourism revenue rose by 4.4% year-on-year in 2015, according to the Statistical Service, with total earnings estimated at EUR 2.11 bln, compared to EUR 2.02 bl...
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CYPRUS: Drop in consumer confidence pushed economic mood down
The Economic Sentiment Indicator (ESI) for February compiled by the University of Cyprus Economics Research...
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CYPRUS: Four more passports at €2.5 mln each
The Public Debt Management Office of the Ministry of Finance sold retail bonds worth EUR 14.1 mln through 8...
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CYPRUS: Hellenic returns to profit, aims to cut NPLs further
Hellenic Bank closed 2015 with a bigger, healthier balance sheet and a reducing trend in non-performing loa...
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CYPRUS: CBC Governor optimistic about economy, banking
* High stock of NPLs starting to reduce ...
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CYPRUS: Co-op CB posts Q4 profit
The Co-operative Central Bank (CCB), bailed out by the state to the tune of EUR 1.5 bln, and recapitalised ...
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CYPRUS: BoCY posts €440 mln in 2015 losses
Bank of Cyprus reported losses of EUR 438 mln for 2015, according to the preliminary financial results rele...
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CYPRUS: RCB Bank joins forces with EIB to support SMEs
RCB Bank has joined forces with with the European Investment Bank (EIB) and the government of Cyprus to ach...
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CYPRUS: House to pass bill on banks’ abusive clauses next month
Zacharias Zachariou, Chairman of the House Trade Committee, said that a new bill to extend the network for ...
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CYPRUS: CIIM to host shipping professionals training programme
The Cyprus International Institute of Management (CIIM) and Youngship Cyprus, a branch of the international...
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CYPRUS: CTO aims for 2.9 mln tourists this year
The Cyprus Tourism Organisation (CTO) aims to boost tourist arrival numbers to 2.9 mln this year, Chairman ...
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SHIPPING: Cyprus has weathered the crisis
* Hadjiyiannis elected shipowners’ president * The shipping...
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JOBS: GRS appointed H&M recruitment partner in Cyprus
* Store recruits managers, to hire 70-80 more * ...
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CYPRUS: BOCY issues warning for €400 mln losses
* Dogged by NPLs, provisions hiked to €1 bln *...
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ENERGY: EuroAsia InterConnector sets off, paves way for ‘global interconnector’
* Charting of sub-sea route ready in 100 days; vessel embarks on survey for 2,000MW l...
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CYPRUS: UCy more optimistic than EC on 2016-2017 growth
The Cyprus economy is expected to continue on its recovery path over the next quarters, with real GDP forec...
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ENERGY: Ministers to meet in Israel after mini-summit in Cyprus
Energy Ministers Yiorgos Lakkotrypis of Cyprus and Yuval Steinitz of Israel have agreed to meet again in a month’s time to continue dis...
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CYPRUS: Keep your focus on services, says Roivas
Small countries like Estonia and Cyprus need to focus on services in order to be wealthy and prosperous, th...
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CYPRUS: Diplomacy has role to play in Europe’s energy security
Foreign Minister Ioannis Kasoulides told members of parliament that Cyprus can play an important role in Eu...
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CYPRUS: Toyota launches Hybrid RAV4, new models in 2016
* Lexus Centre upgraded with 30% growth target * ...
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EDUCATION: 1 mln benefit from Erasmus+, Cyprus absorbs €5.5m
* “More and better opportunities to support Europe’s future generations&am...