News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyPeople are dissatisfied with the new rule of the Central Bank of Cyprus
The bank customers are complaining to the Central bank of Cyprus. People are upset that they have to provide additional supporting documentation when using 500 Euro notes. According to the Cyprus Mail, these rules…
EconomyCobalt Air still did not receive the commercial license
The Cypriot airline carrier Cobalt Air still cannot commence their scheduled flight because it is still waiting for…
EconomyPassport market has reached new positions
While the USA presidential hopefuls are building their pre-election campaign using the topics of migration and inequality, the…
EconomyA brighter future for the Cypriot banking system
The future of the Cypriot banking system looks brighter after Central Bank Governor Chrystalla Yiorkadji stated that the…
EconomyNew system to combat illegal employment
The Minister of Labor Zeta Emilianidou has announced the new legislation which is aimed at combating illegal employment…
EconomyCabinet approves the Fiscal Policy Framework for Cyprus
As reported by ServPRO, last Friday, the Cabinet approved the Fiscal Policy Framework (FPF) for Cyprus, initiating the…
EconomyEU Commission’s spring economic forecast for Cyprus
As reported by ServPRO the European Commission’s spring economic forecast expects growth in the island of Cyprus to keep…
EconomyConference “Russia and Cyprus”
The conference “Russia and Cyprus: lessons learned from the crisis and prospects of cooperation”. The meeting has started…
EconomyRussia-Cyprus: mutual investment levels
The volume of investments from Russia to Cyprus is 103 billion USD, whereas from Cyprus to Russia the…
EconomyThe EC will evaluate the prospects of the new gas field
The European Commission will evaluate the possibilities to use the potential gas reserves, which were found under the…
EconomyCyprus is not Offshore
In the light of the Panama Papers topic which has been the center of international news recently specialists…