Cyprus expects its economy to gather pace in coming years as the country looks to emerge from its international bailout program in 2016.
While Cyprus is starting to recover from an economic crisis despite austerity, the EU wants the government to stick to the tough program.
Government Spokesman Nikos Christodoulides said on October 5 that “Cyprus is preparing for another bond issue before the end of 2015 confirmed on Monday, invited […]
Ratings agency Standard & Poor’s has upgraded Cyprus’ government debt rating by one notch to BB- after it eliminated limits on money transfers.
NICOSIA— Cyprus’ finance minister says the bailed-out country’s economy will see “sufficiently satisfactory” growth in 2015 as it emerges from three years of recession. Harris […]
JERUSALEM — Egypt’s new natural gas bonanza is causing an uproar in Israel, with energy stocks plummeting and recriminations over indecisiveness and infighting that have […]
Two years after near-collapse brought on by banking mismanagement, Cyprus is recovering large part because of record numbers of visitors.
NICOSIA – While Greece spent most of the summer languishing in Grexit/Gremainder drama, Cyprus is quiety easing its way out of recession, as Aug. 14 […]
Cyprus’ creditors say the bailed-out country is on the path to economic recovery after years of recession but needs reforms.
Still struggling to recover economically, Cyprus has given the go-ahead to the country’s first casino resort to bring in revenues and jobs.