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Government imposes ceiling and criteria on the provision of state guarantees The Council of Ministers approved on Wednesday a set of criteria on the provision of government guarantees with a view to minimising risk to public debt. The criteria were drafted with the technical assistance of the IMF, in the context of the completion of the public financial management process and were part of the conditions of the island`s €10 billion bailout. According to the document obtained by CNA, an [...]
 
Politics
House President discusses economy, tourism with Cyprus-U.S. Chamber House President Yiannakis Omirou met on Tuesday with members of the Cyprus-U.S. Chamber of Commerce, in New York, and [...]
Young Cypriots show keen interest in internship exchange programme Young unemployed Cypriot professionals and companies have responded with keen interest to a call inviting them to apply for [...]
Interconnection of electricity grids proceeding normally The interconnection of electricity grids between the two communities in Cyprus is proceeding normally and the technical work at one [...]
Government pleased with discussions on property at the peace talks The government is pleased with the discussions on the property issue, at the current phase of the UN-led negotiations, as [...]
Cabinet approves bill on staff mobility in the public sector The Cabinet on Wednesday approved a bill that regulates staff mobility across the public sector. In statements to the press [...]
Cabinet approves bill on industrial hemp production The Cabinet approved on Wednesday a bill on the cultivation of industrial hemp. Speaking to the press following today's Cabinet [...]
 
Financial News
Cyprus' interest rates among the highest in the eurozone Lending interest rates in Cyprus remained the highest in the eurozone in July despite recent reductions, figures released by the [...]
Government imposes ceiling and criteria on the provision of state guarantees The Council of Ministers approved on Wednesday a set of criteria on the provision of government guarantees with a [...]
Cyprus Stock Exchange The Cyprus Stock Exchange (CSE) All Share Index closed at today`s stock exchange meeting as follows: MEETING DATE: 02/09/2015      INDICES BASE VALUES: [...]
Cyprus posts fiscal deficit of €69 million for the period of January – July Cyprus posted a central government fiscal deficit of €69 million (mln), or 0.40% of GPD for the period of January [...]
Cyprus Stock Exchange The Cyprus Stock Exchange (CSE) All Share Index closed at today`s stock exchange meeting as follows:       MEETING DATE: 01/09/2015 INDICES [...]
Parliamentary parties reach consensus on title deeds bill Parliamentary parties reached Tuesday consensus on the main aspects of a bill for property buyers trapped without title deeds set [...]
 
European Affairs
Kasoulides to attend EU FMs informal meeting Foreign Minister Ioannis Kasoulides will attend on September 4-5 an informal meeting of the EU Foreign Ministers (Gymnich), to be held in Luxembourg. According to an official press release issued here, the Ministers will discuss thoroughly the immigration issue. They will also discuss, among other matters, the Middle East problem, the agreement on Iran`s nuclear programme as well as the Eastern Partnership and Russia.          The informal [...]
Unemployment in Cyprus records small increase in July compared to June 2015 Unemployment in Cyprus in July 2015 was slightly higher and reached 16.3% compared to June 2015 (16.2%) but [...]
UNHCR foresees escalation of Mediterranean migratory crisis The migratory crisis in the Mediterranean is by and large a refugee crisis, since most of the thousands of people who cross the [...]
 
           
 
 
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