Cyprus News News Cyprus » Finance: Cyprus housing finance body moves to sell €135 million NPL portfolio
The Housing Finance Corporation (HFC) has launched a tender for external advisory services to support the sale of a non-performing loan (NPL) portfolio estimated at around €135 million, a move its ...
News Cyprus » Finance: Cyprus finance minister heads to Brussels for key EU talks
Finance Minister Makis Keravnos will travel to Brussels on Wednesday to participate in meetings of the Eurogroup on July 9 and the ECOFIN Council on July 10, where European Union finance ministers ...
News Cyprus » Finance: Cyprus Finance Minister: We Hope People Will Believe Us
Cyprus Finance Minister Michael Sarris told CNBC that there will be no capital restrictions and that people will be able to move their money out of the country on Tuesday after banks re-open. The ...
News Cyprus » Finance: Cyprus embraces digital finance amid shifting global landscape
The latest edition of Cyprus 4.0 examines how Cyprus’ financial sector is adapting to rapid technological change, as banks, regulators and fintech firms respond to a global shift in how money is ...
News Cyprus » Finance: Driving the change: Cyprus pushes for economic growth
For decades, Cyprus has been successful in attracting investors, and now that the country is going through tough economic reforms, both the need and opportunities for foreign investment are increasing ...
News Cyprus » Finance: Cyprus soon to be 'out and about' in markets: FinMin
Cyprus has just exited its three-year bailout program having passed creditors' requirements for reforms and cuts with aplomb however, its finance minister remains coy about the country's return to ...
News Cyprus » Finance: Cyprus Rising
Cyprus is emphasizing sustainable growth and addressing problems such as high unemployment and nonperforming loans. It’s a balmy evening, and Ledra, Nicosia’s oldest shopping street, is bustling—on ...
News Cyprus » Finance: EU finance ministers approve Cyprus bailout deal
Cyprus’ Parliament president says a deal reached for his country to raise billions in order to qualify for an international bailout is a “painful one” for the island nation’s people and a defeat for ...
News Cyprus » Finance: Cyprus Finance Ministry: More than 1.2 billion euros in Russian assets frozen
NICOSIA, Cyprus (AP) — Some 1.2 billion euros ($1.3 billion) in Russian-owned assets managed by Cyprus-registered companies were frozen in compliance with sanctions imposed on Russia following its ...