Category Archives: General

Cyprus registers trade deficit of 1.0 billion in Q1 2019

The first estimate for euro area (EA19) exports of goods to the rest of the world in March 2019 was Euros 205.6 billion, recording an increase of 3.1% compared with March 2018 (Euros 199.5 bn). Imports from the rest of

New CBC Governor warns over delays in due diligence checks on foreign transactions

Constantinos Herodotou, the new Governor of the Central Bank of Cyprus (CBC), called on the Cypriot banks to invest in technology and staff training to speed up due diligence checks on lawful transactions for anti-money laundering (AML).Noting that the...

EMU Unites Cultures Through a Magnificent Organisation

The International Night 2019, one of the largest and most colourful cultural festivals of the Eastern Mediterranean University, was held at Famagusta Walled City Namik Kemal Square with the participation of thousands of students from 113 different coun...

EMU-ATAUM Holds “Re-Creating the Signature of ATA in Air, on Land and at Sea” Event

The Eastern Mediterranean University Ataturk Research and Application Center (EMU-ATAUM) is organizing a series of events in celebration of the 100th anniversary of 19 May 1919, the starting date of the Turkish national struggle. Within the scope of th...

A solution that does not respect both communities will not last, President says

Cyprus President Nicos Anastasiades called the Turkish Cypriots and the international community to understand that a settlement to the Cyprus problem which does not respect both communities and creates the conditions for the imposition of one community...

FINANCE Leadership change will not distract Bank of Cyprus from getting job done

Key changes in the Bank of Cyprus leadership will not affect momentum in addressing the remaining challenges for reform as the strategy implemented is bearing fruit, said outgoing chairman Joseph Ackermann.Addressing the Bank of Cyprus AGM both Ackerma...