We are extremely pleased to announce that for once more Soteris Pittas & Co LLC has being a Recognized Practitioner in Chambers & Partners Europe, one of the world’s leading legal directories and Mr. Pittas once again is included in Band 1 for Litigation and Dispute Resolution.

The Chambers of Commerce of the Cypriot, Greek and Egyptian diasporas in Australia are preparing an action plan to promote trade and investment relations with the three respective countries, and according to Presidential Commissioner Photis Photiou, they will discuss this initiative with the competent authorities.

Cypriot businesses are adequately prepared for Brexit, even a no-deal Brexit, according to the General Director of the Employers and Industrialists Federation (OEV) Michalis Antoniou.

Finance Minister, Mr. Harris Georgiades mentioned earlier this week that the government is currently undergoing discussions with the European Investment Bank (EIB) for obtaining finance for Cyprus’ natural gas infrastructure.

Government Spokesman Prodromos Prodromou has said that the remarks of the 6th Post Program Review on the need to continue with reforms are absolutely correct and confirm the wider orientation of the President and the government.

With word on the street intensifying on a possible deal between banks in Cyprus, 2019 is likely to become a time of flux and change for the banking sector as it braces for game-changing shifts.

Cyprus and Portugal have underlined their wish to further enhance their cooperation in the sector of maritime transport during an official visit of Shipping Minister Natasa Pilides to Lisbon recently.

Over recent months the British High Commission has supported a series of Innovation Workshops delivered by the Northern Ireland Cooperation Overseas (NICO) in Famagusta, Kyrenia and Nicosia.

The Ministry for Tourism will work to render sports tourism an integral part of Cyprus’ tourist product, Deputy Minister Savvas Perdios said.

The European Central Bank has called on European banks with high NPEs to submit documents describing their strategy to bring down their non-performing loans.