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.
Bailed-out Cyprus’ economy is projected to grow a modest 0.2 percent this year after contracting for three years, the IMF said.
NICOSIA — The International Monetary Fund has approved a $314 million disbursement for bailed-out Cyprus , praising the country’s progress in meeting fiscal targets while […]
After some disappointing initial results, Cyprus said offshore reserves in its Aphrodite gas field will yield commercially exploitable sources.
Bailed-out Cyprus’ international creditors say they will help the country implement insolvency and foreclosure laws which they see as essential for banks.
Cypriot banks said they don’t plan to rush massive foreclosures despite being given that authority to mollify international lenders.