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Fitch Ratings has upgraded the Long-Term Issuer Default Rating (IDR) of the Bank of Cyprus (BoC) to BBB- from BB+, assigning a positive outlook.
The Deputy Ministry of Shipping is advancing plans to construct new headquarters on the site of the former ‘Nemitsas’ factory in Limassol, following recently introduced public investment procedures.
Tourist arrivals in Cyprus recorded a year-on-year increase of 7 per cent in February 2025, with an additional 32,865 visitors arriving on the island during the first two months of the year.
Cyprus is growing as a top choice for foreign direct investment (FDI) in Europe, said Invest Cyprus CEO Marios Tannousis. Tannousis addressed an i ...
Minister of Finance Harris Georgiades clarified that there is no possibility of a haircut of the Cypriot debt, expressing absolute confidence that Cyprus' debt is sustainable.
A Russia House has opened in the coastal town to bring together entrepreneurs and act as a bridge to further develop relations between Cyprus and Russia.
Cypriot ten-year bond declines to the lowest point since March 2012, reflecting the improvement in the economy's fundamentals and public finances.
The rate of inflation for March 2014 decreased by 2.3% compared to -2.6% in February 2014 and 1.1% in March 2013.
The Digital Ship Cyprus Conference will officially commence on 9 April 2014 in Limassol, dealing with information and communication technologies that relate to the ship and shipping companies.
Cyprus' population was up by 0.5% in 2012, according to the recent Demographic Report published by the Cyprus Statistical Service.
Strategic cooperation forged between Cyprus GNORA and Israeli Shaviv Strategy and Campaigns.
In order to promote Cypriot tradition, this April Larnaca International Airport will offer travellers the opportunity to experience unique moments from the rich cultural heritage of the island.
The European Investment Bank (EIB) has authorised a new €50m credit line for small and medium-sized enterprises via a deal concluded with the Cooperative Central Bank.
The Government of the Republic of Cyprus aims at licensing part of the commercial operations of the Limassol Port, as part of its privatisation programme under its EU bailout agreement.
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