The prospect of a recession in Cyprus is a distinct possibility According to the latest Eurobarometer by the European Commission seven out of ten Cypriots describe the economic situation of Cyprus as …
Eurobank Cyprus: Serving the Maritime Industry
Eurobank Cyprus has been serving the maritime industry since 2007, and currently offers a broad range of banking products and services. The bank’s local presence in this highly demanding sector is a …
Property prices & rents continue to rise
On a quarterly basis across Cyprus, sale values increased by 2.9% for apartments, 0.5% for houses and 0.1% for offices …
Property prices & rents continue to rise
On a quarterly basis across Cyprus, sale values increased by 2.9% for apartments, 0.5% for houses and 0.1% for offices …
Property prices & rents continue to rise
On a quarterly basis across Cyprus, sale values increased by 2.9% for apartments, 0.5% for houses and 0.1% for offices …
Bank of Cyprus bid makes case for lender buyouts
Banks usually make for tricky private equity targets. Turnoffs include demanding regulators and high leverage, which stops buyers from piling on further debt. But when prices are low enough, the …
Cyprus, Israel pledge quick deal in gas field dispute
Israel and Cyprus said Monday that they have made “significant” headway in resolving a long-running dispute over an offshore natural gas deposit and say they are committed to quickly reaching a deal …
Bank of Cyprus/Lone Star: takeover needs more than just a higher price
The bank then chose to bail-in bank depositors during the European debt crisis. A 50 per cent haircut for savers with more than €100,000, mostly foreigners and including many Russians, helped finance …
US lifts Cyprus arms embargo, Turkey claims decision will lead to ‘arms race’ in Mediterranean
The U.S. embargo started in 1987 as an effort to allegedly help re-unify the island following a Turkish invasion that created a breakaway state and years of fierce combat.
Cyprus’ pioneering retirement development
Since its official launch, Cypress Park, the island’s pioneering development that is scheduled to revolutionise retirement living in Cyprus, has drawn continued investment interest from individuals …