There was a time when a Cypriot on a moderate income could take a gamble on foreign real-estate worth more than his life savings. One banking crash, three and ... Read More
Despite consecutive delays in the completion of the 5th review of Cyprus’ economic adjustment programme – coordinated by its Troika of international lenders – the island remains on track ... Read More
Cyprus’s banks all passed the European Central Bank’s stress tests, a result that is indicative of the recovery that is under way in the country’s financial sector. However, for ... Read More
On January 8 2015, Cyprus – IronFX Global, the Global Leader in Online Trading, announced that it has been granted authorization from CONSOB, the Italian regulator (Commissione Nazionale per ... Read More
This article could have been entitled ‘The Bonfire of the Vanities’ (with apologies to the book’s author Tom Wolfe) as it too is all about ruthless ambition, political sleaze ... Read More
International Monetary Fund says expected tranche of €88m will not be paid after parliament suspended new foreclosure law The International Monetary Fund has said it will not release a ... Read More
There has been a lot of discussion recently, especially after the successful outcome from the stress tests of our main banks, that it’s time for the banks to start ... Read More
The financial crisis experienced in Cyprus following the events of March 2013 had a knock-on effect on the employment sector. More than a year on from the onset of ... Read More
Moody’s Investors Service has upgraded Cyprus’ government bond rating to B3 from its previous rating of Caa3. The rating agency has also changed the outlook on the government bond ... Read More
Interview with Benoît Cœuré, Member of the Executive Board of the ECB, conducted by Theano Theiopoulou (Phileleftheros newspaper) on 9 November 2014 1. Why was banks’ participation in the ... Read More
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