Cyprus deal must safeguard united economy-CBank
- Sakari Suoninen and Michele Kambas
- •
- November 17, 2009
NICOSIA, Nov 16 (Reuters) - The reunification of Cyprus could be a tremendous boon to the island's economy but any peace deal between now estranged Greek and Turkish Cypriots must avoid barriers, ECB ...
Cyprus buck euro zone trend, in recession for 3rd quarter
- REUTERS
- •
- November 13, 2009
NICOSIA, Nov 13 (Reuters) - Cyprus remained stuck in recession in the third quarter, official data showed on Friday, bucking the trend of the broader euro zone which showed growth after five quarters ...
Cyprus in top 40 of ‘doing business’ nations
- Patrick Dewhurst - Cyprus Mail
- •
- November 13, 2009
Cyprus has ranked 40th out of 183 countries for ease of doing business, in the World Bank’s Doing Business Report 2010. This is the first time Cyprus was included in the Doing Business evaluation, at ...
Cyprus doesn't see excessive deficit process now
NICOSIA, Nov 4 (Reuters) - Cyprus does not expect to be placed under the EU excessive deficit procedure, in spite of Commission forecasts of a deficit in 2009 exceeding 3.0 percent, Finance Minister C...
One in three believe poverty is widespread in Cyprus
- Cyprus Mail
- •
- October 28, 2009
34 percent of Cypriots believe that poverty is widespread on the island, compared to the European average of 73 percent, according to a Eurobarometer poll on member states' attitudes to poverty.
Th...
Grim prospects for economic recovery
- Charles Charalambous - Cyprus Mail
- •
- October 27, 2009
The prospects for economic recovery in Cyprus in 2010 are likely to be constrained by significantly lower industrial output, reduced exports and increasing unemployment in the eurozone, a leading inte...
Cyprus Finmin hopes for growth despite slowdown
NICOSIA, Oct 16 (Reuters) - Cyprus hopes to be able to pull itself into growth this year, in spite of official forecasts of a contraction, Finance Minister Charilaos Stavrakis said on Friday.
'If y...
Cyprus economy at high risk, says EU Commission
- Financial Mirror
- •
- October 15, 2009
The European Commission has warned member states about a worsening budget deficit and debt, combined with the growing number of elderly people, urging them to take measures.
The warning came in a ...
New Cyprus airport will help economy
- Cyprus News Agency
- •
- October 13, 2009
The new Larnaka International Airport will give the island’s economy a new impetus, amidst the economic crisis and will significantly help the economic and tourist development in general, Androulla Ch...
Cyprus budget submitted
- Famagusta Gazette
- •
- October 09, 2009
Finance Minister Charilaos Stavrakis has submitted the 2010 state budget to the President of the House of Representatives Marios Garoyian.
Speaking to the press after a meeting with Garoyian, Stav...
Cyprus hot spot for EU nationals seeking work
- Cyprus Mail
- •
- October 09, 2009
Cyprus is the third country of choice for EU nationals seeking work within the bloc, which has “dramatically’ affected the jobs market, Labour Minister Sotiroulla Charalambous said yesterday.
Speak...
Cyprus unemployment up 70% year on year
- Financial Mirror
- •
- October 06, 2009
Unemployment rose in Cyprus by 70.7% over the year earlier in September, the highest increase recorded so far this year.
According to the Statistical Service, the number of people registered at th...
Cyprus sees growth upturn in mid 2010-FinMin
LIMASSOL, Cyprus, Oct 1 (Reuters) - Cyprus expects an upturn in its economic growth from the middle of 2010, as the island will see a time lag in signs of a rebound now evident in the global economy, ...
Cyprus minister seeks talks on bank supervision
NICOSIA, July 13 (Reuters) - Cyprus's finance ministry said on Monday it would try to boost cooperation with banks as a row simmered between its central bank and Marfin Popular over supervisory tactic...
Last chance to create a unified economy
- Kerin Hope - Financial Times
- •
- October 31, 2008
Hopes were high on April 3 that the opening of a new city centre crossing-point to link the Greek and Turkish Cypriot halves of Nicosia, the island's capital, would speed a reconciliation.
The symb...
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