Non-Performing Loans Evaluated at €27B in August
10:54 - 21 Οκτωβριου 2015
REPORTER MOBILE APP
Mείνετε συντονισμένοι με όλες τις εξελίξεις όπου και αν βρίσκεστε
GoldNews
State Budget Provides for Sustainable Growth
The 2016 State Budget and 2016-18 Medium-Term Plan were presented before the House Committee on Financial and Budgetary Affairs on Monday by Harris Georgiades, Minister of Finance.
10:26 - 21 Οκτωβριου 2015
Cyprus Ranks 1st in Chinese Overseas Property Sear
Cyprus has ranked first in online searches for properties overseas by Chinese real estate investors during the second quarter of 2015, according to data released by Chinese property portal Juwai.com.
12:40 - 20 Οκτωβριου 2015
Canadian Businessman Invests in a Boutique Hotel in Larnaca
Michael's Hotels Apartments in Larnaca has recently been purchased by a Canadian businessman who is planning to invest €5-6 million in transforming it into one of the most luxurious boutique hotels in Cyprus.
11:28 - 20 Οκτωβριου 2015
Business Class: George Petrakides
The Microsoft Country Manager, Cyprus and Malta, tells Gold how he has traversed the globe, visiting locations from Europe to the United States of America and even Africa, and explains why – despite his many experiences abroad – there is still no place like home.
17:02 - 19 Οκτωβριου 2015
Sights for Sore Eyes
City buildings in Cyprus are in such a bad state that one is better off not looking at them. Many have never been maintained, resulting in an unacceptable state of affairs, from the standpoints of both security and aesthetics, in almost all urban areas. As a result, the residents of these buildings and their neighbours have to put up with this chaos.
17:00 - 19 Οκτωβριου 2015
Moody’s: Swiss Franc Loan Conversion Could Threaten NPL Procedures
International credit rating agency Moody's has warned that a mass conversion of housing loans taken out in Swiss franc may negatively impact ongoing efforts to resolve the banking sector's high levels of non-performing loans.
10:46 - 19 Οκτωβριου 2015
Loan Demand Continues to Rise
10:35 - 19 Οκτωβριου 2015
Austerity and the ‘Instrusive’ European Union
17:07 - 16 Οκτωβριου 2015
Despina Panayiotou Theodosiou Elected to WISTA International Board
17:04 - 16 Οκτωβριου 2015
Naming and Shaming
16:59 - 16 Οκτωβριου 2015
Shopping Malls are Forever
Technology may be changing the way we purchase things but, says Yoram Kedem, CEO of My Mall, Limassol in an exclusive interview with Gold News, it can never replace the shopping experience.
16:56 - 16 Οκτωβριου 2015
Georgiades on Income Tax: Reductions May be Made
The income tax currently imposed in Cyprus may decline in the coming year, should the state public finances allow this. So said Minister of Finance Harris Georgiades, addressing a recent press event. Indeed, Special Defence Tax on interest income – currently set at 30% – may be reduced in the context of the country's ongoing economic recovery and modest return to growth. Citizens should not expect a return to the pre-bailout tax levels of 10%, Georgiades clarified. Interest income tax, called Special Contribution for Defence was raised to 30% in March 2013 as part of the conditions for the island's €10 billion bailout. «I don`t see that interest rate income returning – I don`t think it will go back to 10%, but perhaps at some stage we could reduce to the EU average level of 20%,» he said. The Finance Ministry predicts that the rate of Cypriot GDP growth will reach 1.5% by the end of 2015, a great improvement on international lenders' forecasts of 0.5%. «The exit from recession and the return to growth rates marks the achievement of the most significant target set for the current period,» Georgiades noted, adding that the country's return to the international capital markets would allow the island to exit its economic adjustment programme earlier than anticipated, thus allowing reductions in income tax and more. There is, however, no room for complacency, he stressed, or the return to practises which «derailed the economy in the first place.»
19:01 - 15 Οκτωβριου 2015
Anastasiades Encourages Chinese Investment to Cyprus
Cyprus offers a variety of unique advantages to Chinese investors in many sectors of the economy President Nicos Anastasiades has affirmed, in the context of his official visit to China.
18:58 - 15 Οκτωβριου 2015
Measuring Tourism’s Impact: A Pilot Study in Cyprus
The Government of Cyprus will soon undertake the establishment of some 15 specialised centres throughout China for the processing of Cyprus Citizenship and Residency Applications, the President of the Republic has revealed.
18:53 - 15 Οκτωβριου 2015
New Visa Centres to Facilitate Chinese-Cyprus Citizenship Status
The Government of Cyprus will soon undertake the establishment of some 15 specialised centres throughout China for the processing of Cyprus Citizenship and Residency Applications, the President of the Republic has revealed.
18:47 - 15 Οκτωβριου 2015
Measuring Tourism’s Impact: A Pilot Study in Cyprus
Experts and executives from Cyprus and abroad discussed and exchanged views on tourism at «Measuring Tourism's Impact: A Pilot Study in Cyprus» event at the PwC headquarters in Nicosia, on October 15.
18:41 - 15 Οκτωβριου 2015