Cypriot Minister of Commerce, Industry and Tourism Neoclis Sylikiotis has stressed the prospects of supplying Europe with natural gas. “The finding of natural gas resources in Cyprus’ Exclusive Economic Zones creates the prospect of shaping a new route of supplying Europe with energy,” Sylikiotis said, speaking after a meeting with opposition Democratic Rally leader Nicos Anastasiades. In addition, Sylikiotis stressed that the finding of natural gas resources creates hopes for the people... [read more]

Λεμεσός: Ο φυσικός πλούτος της περιοχής της Κουκάς, δεν ήταν δυνατόν να μείνει μακριά από τη σφ... [read more]

Cyprus will become the richest country in Europe Cyprus will become the richest country in Europe after the drilling and financial exploitation of natural gas, Professor of Chemical and Biomolecular Engineering at Cullen College of Engineering of Houston University Michael J. Economides has said. In statements to CNA, on the sidelines of the “Maritime Cyprus 2011” Conference, held here, Economides said that there are indications for immense natural gas reserves within Cyprus’ Exclusive ... [read more]

Major Currencies - Graphs since 1999 - Sept. 2011 (see attached file) European finance ministers announced new steps to fight the debt crisis, running into European Central Bank criticism for doing too little to prevent budget shocks from threatening the euro. Finance chiefs settled on how to enable a permanent rescue fund to lend 500 billion euros ($710 billion) as of 2013, while remaining divided over how to get the current stopgap fund up to its full capacity of 440 ... [read more]

The commencement of works for the new marina in Larnaca and the surrounding area are set for January 2012, Mr. Ntinos Lefkaritis said (President of the Tourist Development Co. and Promotion of the Larnaca bigger area) during the first committee conference last Sunday 27th February 2011. He continued, that next June the commercial agreement will be signed between the government and the joint venture ''Zenon''.  Mr. Lefkaritis noted, that in the year of 2011 Larnaca will commence... [read more]

Lifestyle   In Cyprus you can really enjoy your life at a slower pace and a friendly environment that warms your heart.  Such a small island, yet with so many to offer; its sunny beaches and natural beauty is only the start. Cyprus offers a multitude of lifestyles for all ages. If you are a passionate water lover all you have to do is step out of your house to the closest beach to enjoy swimming, sunbathing and a variety of water sports. If on t... [read more]

First Published:  04/11/2010 11:29:24 The representatives of the state development company Qatari Diar proved to be tougher negotiators than expected by the Finance Minister. The big difference in the evaluation and the methodology of the two sides was a good reason for a new meeting at Doha, Qatar this time. In the month, the two sides will try to create a good climate for negotiations in order to bridge the gap. Today’s negotiations started from the opening of the ... [read more]

Σημάδια ανάκαμψης για την οικονομία της Βουλγαρίας Ημερομηνία Δημοσίευσης:  11/10/2010 09:02:46 Του &Lam... [read more]

  The visit of the Russian President, Dmitry Medvedev to Cyprus and the signing of the agreement for the avoidance of double taxation create prospects for a new boom in the sector of international services. The day after the most significant visit of foreign leader in Cyprus finds businessmen making plans on the capitalization of the positive momentum for the further strengthening of the bilateral economic transactions. The business community of Cyprus bets on the agreement for the avoidance of doub... [read more]

Russian President, Dmitry Medvedev believes that his visit to Cyprus is a landmark for the development of the Cyprus-Russian relations and gave special emphasis to the agreement for the avoidance of double taxation that was signed. “The agreement will boost the economic transactions between the two countries, making the sector of investments more transparent, comprehensive and predictable”, he said. In his statements from the Presidential Palace, the Russian President expressed his gratitude to the ... [read more]