Bailed-out Bank of Cyprus is reviewing its restructuring plans in a move that could result in billions of euros of its troubled assets being put into a “bad bank”.
The Council of Ministers announced on 28 March 2014 certain changes to the criteria by which Cypriot citizenship is granted (by way of exception) to foreign investors.
Moody’s ratings agency has upgraded Cyprus’ credit worthiness from negative to positive, citing the island’s strong fiscal and economic performances in 2013 and the authorities’ track record of meeting ...
Bank of Cyprus announced the release of €900 million that were held in fixed-term deposits, blocked following the lender’s recapitalisation on 2013. The €900 million concerns the six-month time deposits ...
Approximately 3 billion barrels of oil may lie in plot 12 of Cyprus’ exclusive economic zone, according to Noble Energy and unofficial reports indicate that such reserves would translate into revenues ...
Cyprus and India are close in agreeing a new double taxation agreement, said the Cyprus Finance Ministry. The current double taxation agreement between the two countries has been in force since December ...
