The European Commission presented to the Council a proposal to grant financial support of 29 million euros to Cyprus, bringing…
Lone Star says it will not make an offer for Bank of Cyprus
Lone Star confirmed on Tuesday that it has no intention of making an offer for the Bank of Cyprus. In…
New companies at the Paphos Mall
According to Phileleftheros information, the first companies that will rent a space in the building that used to be The…
Government to boost competitiveness with €0.6 billion by 2027
The government businesses’s businesses modernisation, competitiveness and extroversion with over €585 million from national and EU Funds in the period…
UK, Dutch gas prices fall on higher Norwegian imports, strong LNG flows
British and Dutch wholesale gas prices fell on Monday morning as higher Norwegian imports and strong flows of liquefied natural…
EBRD, World Bank’s IFC to invest $70 mln in Ukraine, Moldova tech sector
The World Bank’s private funding arm, the International Finance Corporation (IFC), and the European Bank of Reconstruction and Development (EBRD)…
Amazon to hold mid-October sale to capture more holiday spending
Amazon.com on Sunday announced an expected sale for its loyalty-club shoppers, an event like its Prime Day summer marketing blitz…
Paphos hotels expected to be 70%-75% full in the fall
Paphos Hoteliers’ President Thanos Michaelides said that occupancy rates in Paphos hotels in September ranged on average between 70% and…
Sterling crumbles to record low, dollar soars on UK fiscal angst
Sterling tumbled to a record trough on Monday as traders scampered for the exits on speculation the new government’s economic…
Britain’s new vision leaves onlookers with nightmares-Analysis
Britain’s new economic agenda represents the biggest gamble for growth in a major Western democracy in at least 40 years,…