The Central Bank of Cyprus announced it will accept requests for reduced legal costs in lawsuits filed by bondholders of Bank of Cyprus or Laiki Bank, who saw their bonds wiped out during the 2013 financial crisis.According to a press release issued b…
China on Monday ordered export controls on gallium and germanium metals, key materials used to make semiconductors and electronics.”In order to safeguard national security and interests … it is decided to implement export controls on items related t…
A Turkish business group in London leased and restored a historic library building from the early 1900s, turning it into a boutique hotel with a library and culinary arts school.Following a decade-long restoration project that involved a substantial f…
The economy minister of Finland’s newly formed alliance government resigned on Friday after intense criticism surrounding his associations with far-right groups, local media reported.”I think it is impossible for me to continue as a minister in a sati…
International rating agency DBRS Morningstar projects that the growth rate of the Cyprus economy for this year will remain at 2.1%, according to figures it published on Friday in its June 2023 update on key macroeconomic scenarios for the states it as…
Total gross revenue (pay-in) from class A and class B bookmakers amounted to 267.6 million in the first quarter of 2023 marking an increase of 21% compared with the respective quarter of last year, National Betting Authority (NBA) has said. According …
Oil prices increased on Wednesday after positive US data which revealed that crude stockpiles fell dramatically, indicating an improvement in the country’s demand situation, while surging fears that major central banks will continue their hawkish stan…
Cyprus participated in the meeting of the expert group of the Commission on the certification of payment accounts in Brussels, where, among other things, Guidelines 3, 4, and 5 were discussed in the context of the changes being promoted through the ne…
BELGRADE, Serbia (AA) – Trkiye’s foreign minister on Monday inaugurated the Montenegro Turkish Chamber of Commerce in the capital Podgorica.’Trkiye has one of the five largest diplomatic networks in the world with 260 representations. In a very short …
ISTANBULTrkiye is one of the key and most active participants of the Black Sea Economic Cooperation (BSEC), according to the organization’s general secretary.’Trkiye has been one of the most active participants in the decision-making process in this o…