Cyprus

Police pull in migrant boat

May 29, 2019 admin 0

Marine police have rescued nine unregulated immigrants, who were spotted drifting off the most northwestern spot of the island. The statement said their boat, which had set off from the Turkish port of Mersin days […]

Cyprus

Economic prudency must continue following bailout

May 27, 2019 admin 0

European Stability Mechanism (ESM) chief economist Rolf Strauch has urged the government to continue applying prudent economic policies and keeping fiscal buffers to safeguard against external risks that could affect the growth of its small […]

Business & Money

Bank appoints new CEO

May 15, 2019 admin 0

THE Bank of Cyprus (BoC) has appointed a new CEO to succeed Irish banker John Patrick Hourigan, the man who led it from rags to recovery. The statement said the new chief of the lender […]

Business & Money

GDP grew by 3.5 percent in first quarter

May 15, 2019 admin 0

The gross domestic product (GDP) of the island grew by 3.5 percent in the first quarter of this year compared with the same period of 2018. The Finance Minister said the economy is projected to […]