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The updated development plan for the Aphrodite gas field is moving “in the right direction” President Nikos Christodoulides said on Monday, while sources suggested the government would be issuing its response in two weeks.
The Bank of Cyprus completed approximately 41 per cent of its maximum share buyback programme value by the end of August, according to an announcement by the bank.
The Cypriot economy grew by 3.6 per cent in the second quarter of 2024, compared to the same period in 2023, according to a report released this week by the Cyprus Statistical Service (Cystat).
Cyprus ranks fifth among EU countries in the progress achieved regarding research and innovation, Theodoros Loukaidis, Director General of the Res ...
Two and-a-half years after Cyprus completed its adjustment programme geopolitics are threatening to upset economic recovery, economists have said.
Rating momentum for Western European sovereigns remained positive in recent months, with three rating upgrades – Cyprus, Greece and Andorra – since April 2018 and no downgrades, Fitch Ratings said recently.
Residential property prices rose for a seventh consecutive quarter 0.6% in January to March of 2018 compared with the previous quarter, the highest rate since the end of 2009, the Central Bank of Cyprus said.
Investment company Apollo Global Management is the preferred bidder to buy a non-performing loan portfolio worth some €3bn from Bank of Cyprus, reports said.
Two of the best 20 hotels in Europe to spend time in September are located in Cyprus, according to The Times newspaper.
The once majestic Berengaria Hotel in Prodromos is to be auctioned by the Bank of Cyprus in a new twist for a hotel that once played host to titled guests before being abandoned and falling into ruin.
Government spokesman Prodromos Prodromou said recently that Cyprus is on its way to regaining investment grade status.
Luxembourg natives made the most expensive vacation trips (costing around €768 on average) in 2016, according to data collected by Eurostat.
From July 2018, the brand new ‘Premium Serviced Apartments’ category, were officially added to the Aphrodite Hills Holiday Residences inventory and are now another option of quality accommodation for our guests.
Government spokesman Prodromos Prodromou said that the cabinet may decide to renegotiate the revenue sharing agreement for the 4.5 trillion cubic feet (tcf) Aphrodite gas finding, the Cyprus News Agency (CNA) reported recently.
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