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Tag: economy

What are Cyprus exports and their destinations?

What are Cyprus exports and their destinations?

19/09/2014 admin
Exports from Cyprus only make up a small percentage of its GDP, but they are still an important economic factor for its small economy. For 2013, the value of exported good totalled to 716 mi... Read More
Crisis or not Cypriots are now buying more cars

Crisis or not Cypriots are now buying more cars

01/09/2014 admin
Even though the economic situation in Cyprus doesn’t seem to be getting any better (some would argue its getting worse), car sales continue to increase. According to the Cyprus Statistical Servi... Read More
Opinion: Cyprus Airways - what are we really selling?

Opinion: Cyprus Airways – what are we really selling?

06/08/201406/08/2014 Thinking Cypriot
First of all I need to say that I have no background in Economics, Business Management, Corporate law or anything else remotely related to Airline operations. I am just a naive citizen who is try... Read More
Cyprus applied for EU bailout

Cyprus applied for EU bailout

26/06/2012 admin
The government announced yesterday afternoon that it has officially requested financial assistance from EU rescue funds (EFSF/ESM). The announcement hints that talks for a Russian loan might have fail... Read More
Cyprus now tops the list of the riskiest sovereign credit

Cyprus now tops the list of the riskiest sovereign credit

17/04/2012 admin
According to findings of the Credit Information Specialist CMA covering the first quarter or 2012, Cyprus is now ranking as the number one nation in the list of countries who might not be able to pay ... Read More
When you thought electricity prices were already high..

When you thought electricity prices were already high..

05/04/2012 admin
According to an article in today's issue of Politis newspaper there will be an additional increase in the price of electricity because of yesterdays blackout.... Read More
1+ billion euro in losses for Bank of Cyprus due to Greek debt

1+ billion euro in losses for Bank of Cyprus due to Greek debt

22/02/201222/02/2012 admin
Bank of Cyprus announced yesterday that according to the preliminary financial results of 2011, it took a hit of about 1.32 billion euro.... Read More
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