Picking the people around you: ‘Team Up or Team Down’
A Greek saying goes as follows: “If you show me your friends, I can tell you who you are”. I would say the same goes for business. Work with the best, be one of...
An offline route to an online business
Aren’t you amazed when you hear people are succeeding online? Nowadays we feel we can burst forth towards our success on our own. Ruminate on what type of online business you would fancy doing,...
Central Bank: Non-Performing Financing records further decrease
A further decrease of €175 million or 1.8% was recorded in aggregate NPFs at the end of September 2019, compared to the end of June 2019, and, as a result, a fall in the...
Cyprus Transport Minister and 8 counterparts object to new rules of mobility package on...
Minister of Transport, Yiannis Karousos and his Bulgarian, Estonian, Latvian, Polish, Lithuanian, Maltese and Romanian counterparts, met Tuesday with the Commission Vice President Frans Timmermans and the Commissioner for Transport, Anna Ioana Valean, to...
Cyprus President outlines eleven reform proposals
Cyprus President Nicos Anastasiades outlined on Monday the government’s eleven reform proposals calling on the political parties to support their implementation which “would yield new prospects and new momentum to the business activity.”
Addressing the...
Euro area records trade surplus; Cyprus records trade deficit
From January to December 2019, euro area exports of goods to the rest of the world rose to €2 345.4 bn (an increase of 2.7% compared with January-December 2018), and imports rose to €2...
Bank of Cyprus and Hellenic Bank to sell loans worth €4 billion
Bank of Cyprus and Hellenic Bank will sell loans, worth €4 billion in total, according to the Governor of the Central Bank of Cyprus (CBC), Constantinos Herodotou.
Herodotou briefed on Monday the House Committee on...
European Commission: Cyprus’ economy is still imbalanced
"Cyprus’ economy is still characterized by large economic imbalances, which, unless addressed, may impede its medium-term economic prospects", the European Commission warns in its in-depth analysis of the state of the economy, published today...
Economics Research Center: Robust economic activity in Cyprus expected in 2020
Real economic activity in Cyprus is expected to continue to increase at robust rates in 2020, albeit at a slower pace compared to 2019, says the Economics Research Centre (CypERC) of the University of...
Central Bank Governor: Banks need to do more about NPL’s
Central Bank of Cyprus (CBC) Governor Constantinos Herodotou called on the Cypriot banks to step up their efforts to further reduce non-performing loans (NPLs) as the current conducive environment remains in place.
Addressing a conference...
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