UK could slash corporation tax to 10 pct if EU blocks trade deal in Brexit

Britain could slash corporation tax to 10 percent if the European Union refuses to agree a post-Brexit free trade deal or blocks UK-based banks from accessing its market, the Sunday Times reported, ci [...]

BOC contests court ruling banning application of new foreclosure law

In its September 12 ruling concerning a 2007 mortgage deal, the court ruled that Bank of Cyprus had to proceed to the foreclosure of the property based on a 2006 court order and had therefore no right [...]

PDMO to buy back €258m in government bonds

The offer applies to the bonds with the serial number CY0049570811, CY0049630813, CY0143830814 and CY0143790810, the PDMO said. All securities, which carry an annual interest rate ranging from 4.75 pe [...]

ICC ruling cannot stop FBME liquidation, says CBC

THE Arbitral Tribunal of the International Chamber of Commerce may have ruled to allow the conditional access of FBME Bank’s owners to the lender’s premises, but it denied their request for the im [...]

BREXIT: Implications for Cyprus

Implications for CyprusCyprus is one of the countries that the UK has strong bilateral relations, reflecting the historical ties between the two countries. Brexit has dimensions that raise many concer [...]

How many marinas do we need?

With at least three new marinas supposedly on their way, a host of questions has been raised over the economic value and environmental impact of these massive projects, including whether they will hap [...]

Parties on both sides pledge to work together on reforestation

Greek and Turkish Cypriot political parties on Wednesday pledged to work together in reforesting all the areas affected by a huge fire in the Solea region of the Troodos mountain. The parties express [...]

Schulz tells Turkey Europe would not give in to threats over visa deal

European Parliament President Martin Schulz has accused Turkey of not keeping it promise to reform anti-terrorist laws and warned that Europe could harden its stance on visa-free travel for Turkish ci [...]

German politicians say Merkel left EU exposed to Turkish blackmail

German politicians accused Chancellor Angela Merkel at the weekend of making Europe overly dependent on Turkey in the migrant crisis, leaving the bloc vulnerable to blackmail by President Tayyip Erdog [...]

FBME workers call off strike after renegotiating new deal

The decision followed a re-negotiation of a previous agreement by the striking workers and their colleagues who were dismissed in March, with the Central Bank of Cyprus’s Resolution Authority leadin [...]
Page 1 of 18
Click here to get the latest news