BusinessMail

• Panicos tells some stories in his book but leaves other untold

  14 hours ago Business Mail

  By Stelios Orphanides Panicos Demetriades (for those who don’t remember, he was the governor of the Central Bank of Cyprus from May 2012 until...

• Cyta dangerously close to losing dominant position, regulator says

  1 day ago Business Mail

  By Stelios Orphanides State-owned telecoms company Cyta conceded additional market share to competitors in the first half of the year across...

• Tourist arrivals up 15% in September, a new record

  1 day ago Business Mail

  By Stelios Orphanides Tourist arrivals rose 15 per cent year-on-year in September, to 483,716, which is an all-time high for the month, mainly...

• Thai money laundering probe touches Cyprus

  2 days ago Business Mail

  By Stelios Orphanides Thailand’s Securities and Exchange Commission (SEC) said that it notified Thai anti-money laundering bureau after...

• Maltese investigative journalist killed in car bomb

  2 days ago Business Mail

  By Chris Scicluna Daphne Caruana Galizia, Malta’s best-known investigative journalist, was killed on Monday when a powerful bomb blew up...

• NPLs drop in June to €22.4bn or 45% of total, CBC says

  2 days ago Business Mail

  By Stelios Orphanides Non-performing loans in the Cypriot banking system fell in June by €610.2m in a month to €22.4bn, the lowest since the...

• Harris expects public debt to drop below 100% of GDP within weeks

  2 days ago Business Mail

  By Stelios Orphanides Finance minister Harris Georgiades said that Cyprus’s public debt which stood at 107.8 per cent of economic output last...

• Osadchiy briefed beforehand about Browder’s lawsuit, government says

  4 days ago Business Mail

  By Stelios Orphanides Government deputy spokesman Victor Papadopoulos said Justice Minister Ionas Nicolaou and Attorney-general Costas...

• Co-op chairman Taoushanis steps down, succeeded by Hadjinicola

  5 days ago Business Mail

  By Stelios Orphanides The state-owned Cyprus Cooperative Bank said Takis Taoushanis stepped down as board chairman and that it had appointed...

• Number of government workers up 5.3% in September

  5 days ago Business Mail

  By Stelios Orphanides The number of government-employed workers rose in September rose 5.3 per cent to 50,451 compared to the respective month...

• Russian ambassador says Browder’s court case hurt ties to Russia

  5 days ago Business Mail

  By Stelios Orphanides Russian ambassador to Nicosia Stanislav Osadchiy said that Cyprus’s relations to Russia, one of its major commercial...

• Justice Minister stalls French Magnitsky case probe for a year

  6 days ago Business Mail

  By Stelios Orphanides Justice Minister Ionas Nicolaou, who stressed his commitment to helping Russia’s ‘politically motivated’ investigation...

• EU’s Barnier – no major progress in Brexit talks, stuck on money

  6 days ago Business Mail

  By Alastair Macdonald, Lily Cusack, Robert-Jan Bartunek The European Union and Britain have not made major progress this week in talks about...

• Building permits up 42% in January to July, Cystat says

  6 days ago Business Mail

  By Stelios Orphanides The construction area of projects that obtained a building permit in January to July rose 42 per cent to 773,251 square...

• Plastic money use up 10% in September, JCC says

  6 days ago Business Mail

  By Stelios Orphanides The value of transactions with the use of cards rose in September an annual 10 per cent to €217.2m, JCC Payment Systems...

• House prices up 3.6% in Q2, Cystat says

  1 week ago Business Mail

  By Stelios Orphanides The House Price Index rose 3.1 per cent in the second quarter of the year compared to the first one, to 102.74, the...

• Urgent need for vision!

  1 week ago Business Mail

  By Kyriacos Iordanou* Recently I had the opportunity to visit China as an official guest of the Chinese government and the Chinese National...

• Justice Minister Nicolaou says Cyprus to object to Browder’s application

  1 week ago Business Mail

  By Angelos Anastasiou and Stelios Orphanides The Republic of Cyprus will object to the application of Hermitage Capital founder Bill Browder...

• Harmonised inflation 0.1% in September

  1 week ago Business Mail

  By Stelios Orphanides The harmonised consumer price index rose 0.1 per cent in September compared to the respective month of 2016 on higher...

• World economic growth improving, even as U.S., UK potential slows-IMF

  1 week ago Business Mail

  By David Chance The current broad-based global economic upswing will likely be sustained this year and next, the International Monetary Fund...