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The added value of Cyprus’ construction sector at current prices increased by 8.9 per cent in 2022, reaching €1.44 billion, up from €1.32 billion in 2021, according to the findings of the Construction and Land Development Survey.
The Research and Innovation Foundation (RIF) this week commented on the latest results from the European Innovation Scoreboard 2024, which once again reaffirms Cyprus’ progress in the field of innovation, classifying it as a Strong Innovator for the third consecutive year.
The Cyprus Investment Funds Association (CIFA) on Friday expressed satisfaction with the increase in Assets Under Management (AUM) of Cypriot investment funds.
Cyprus ranks fifth among EU countries in the progress achieved regarding research and innovation, Theodoros Loukaidis, Director General of the Res ...
The Labour Ministry will pay €41 million more in social spending next year, Minister Zeta Emilianidou said recently, mainly because of the introduction of the guaranteed minimum income (GMI).
The government would like to see the €1 billion of bailout money not required for recapitalising the Cooperative Central Bank used to repay more expensive, short-term debt, Finance Minister Harris Georgiades said recently.
Property owners have until April 25, 2014 to appeal the government’s valuation of their real estate and correct any other mistakes made in the process of fixing immovable propertytax (IPT).
Aegean Airlines said it was interested in developing its operations on the island, but it was not yet clear whether the processinvolved acquiring the island’s ailing carrier Cyprus Airways (CY).
Bank of Cyprus shareholders elected former Deutsche Bank’s Josef Ackermann, US billionaire Wilbur Ross and Russian Vladimir Strzhalkovskiy to the new board recently.
The circumstances and decisions that led to the collapse of Laiki Bank should be fully and thoroughly investigated by state independent investigators, Deputy Government Spokesman Victoras Papadopoulos said recently.
Bank of Cyprus shareholders are meeting in Nicosia to elect a new board of directors which will represent the new shareholder structure, following the €1 billion capital increase in August 2014.
The Cabinet has green-lighted government guarantees to the European Investment Bank (EIB) to the tune of €105m to finance small and medium sized businesses and middle capitalisation companies.
The Chambers of Commerce and Industry of Nicosia and Kiev have signed a memorandum of cooperation.
The Cyprus Airways (CY) board is preparing a plan to make the ailing company viable, Transport Minister Marios Demetriades said recently, but the government will not pour any more funds into the company.
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