This week the finance minister, Harris Georgiades, told parliament that government income from natural gas could reach €500-€600 million per…
The visit to Moscow by Turkish President Recep Tayyip Erdogan to meet Russian President Vladimir Putin this week consolidated the rapprochement that had already begun shortly before the attempted coup in mid-July
While everyone is getting excited about the big-name bidders in the third Cyprus offshore gas licensing round, it is worth remembering the excitement that first greeted the discovery by Noble Energy in late 2011 of the Aphrodite field in offshore Block 12.
I have spent the best part of the last 13 years trying to do my bit for a federal solution of the Cyprus problem, so writing this article feels like committing a cardinal sin.
But for the many and multiplying reasons I have written about elsewhere, time has almost run out for solving the Cyprus problem any time this decade.
Back in 2013, the Cyprus economy was staring over the abyss. Two of the largest banks were about to fold, the government was unable to borrow money to recapitalise them and it was not at all certain that there was political will among eurozone leaders to help
The Cyprus News Agency (CNA) reported on Monday that the impact of Brexit on the Cyprus economy would be “nil”, citing a report by the Ministry of Finance. However, the Ministry of Finance issued a denial the following day
In the run-up to the elections, the government has naturally made the most of figures showing that Cyprus has recorded the fastest fall of recorded unemployment in the EU. The problem with registered unemployment, however, is that it does not measure everyone who is out of work.
Back in 2012, organisational change and leadership expert Marina Theodotou and I co-authored a report for PwC entitled ‘Professional services: driving growth and jobs in Cyprus’. … One of the key risks we highlighted was ‘loss of favourable tax regime’.
Statistics released on Thursday showed that Cyprus recorded its 34th month of deflation in April. According to the national consumer price index (CPI), prices fell by 2.5% over the year earlier, the same pace of decline as in March. The last time prices actually increased compared with the same month of the previous year was June 2013, when a tiny increase of 0.1% was recorded.
n a recent article I questioned the suggestion that the cost of a united Cyprus property settlement would be €30 billion and promised to explain how I get it down to less than €5bn.