Bank of Cyprus appoints new CEO

Bank of Cyprus appoints new CEO

His appointment was considered one of the key priorities of the board. In January 2012 the Irish national was appointed Chief Executive of Markets and International Banking at the Royal Bank of Scotland (RBS), having served as Chief Executive of its predecessor,...
Bank of Cyprus appoints new CEO

Total eyes LNG plant

Nicosia yesterday announced an agreement with French oil giant Total to develop a plant at Vasilikos to liquefy natural gas. But the pact is non-binding and depends on Total’s discovering gas in areas offshore Cyprus that it is now exploring. An official announcement...
Bank of Cyprus appoints new CEO

Cyprus budget sees spending cuts of 630 mln in 2014

The government of Cyprus has approved the state budget for 2014 that foresees spending being reduced by 626 mln euros, while the aim is to achieve a primary budget deficit lower than that suggested by the Troika of international lenders. Finance Minister Harris...
Bank of Cyprus appoints new CEO

EU sees room for improvement on Cyprus reforms: report

08 September 2013, (BERLIN) – The European Commission believes Cyprus is making progress in its reform programme, but still sees room for improvement, German weekly Der Spiegel reported Sunday, quoting a leaked EU report. “In all major areas, Cyprus has...
Bank of Cyprus appoints new CEO

UKRAINIAN PARLIAMENT RATIFIES CYPRUS DOUBLE TAX TREATY

The Double Tax Treaty signed between Cyprus and Ukraine on November 2012 for the avoidance of double taxation and the prevention of fiscal evasion enters into force as from 1 January 2014 following its ratification by the Ukrainian Parliament on 4 July 2013. The new...