News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
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 the commercial license, which requires few more weeks to be issued. The Chairman of the Cobalt…
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…
EconomyMarina in Ayia Napa
Seven international companies are competing to take on the project of marina construction in Ayia Napa. After 25 years…