Blog

25/05/2018
Approximately every year, the European Commission (EC) releases country specific recommendations (CSR’s) which lay-out economic guidance policies for the next 12-18 months. This week, the European Commission deemed that there are 8 countries with imbalances, and 3 countries with extreme imbalances.Among the three countries with extreme imbalances, Cyprus is one of them, along with Croatia and Italy. Cyprus had replied through the national...
18/05/2018
In 2013, the banks in Cyprus had overleveraged local property companies which had led to the great decrease of the Cypriot government’s bond credit rating. The response to this financial crisis came from the financial ministry asking for a financial bailout from the European Central Bank, the European Commission, and the International Monetary Fund.Consequently, Cyprus agreed to shut down it’s second largest commercial bank - Laiki...
18/05/2018
Η επαρκής ρευστότητα είναι ζωτικής σημασίας για την επιβίωσηκαι ανάπτυξη των μικρομεσαίων επιχειρήσεωνΤου Νέαρχου Πετρίδη*Σε όλες τις ώριμες και αναπτυγμένες οικονομίες η ιδιωτική επιχειρηματική πρωτοβουλία αποτελεί βασικό μοχλό για την επίτευξη οικονομικής ανάπτυξης αφού ο ιδιωτικός τομέας είναι αυτός που κάνει επενδύσεις και οι ιδιωτικές επιχειρήσεις είναι αυτές που παρέχουν θέσεις εργασίας. Λόγω του κρίσιμου ρόλου της επιχειρηματικής...
10/05/2018
Property development, a growing renewable energy sector, strong and dynamic tourist attraction, Cyprus is gradually becoming an FDI (foreign direct investment) hotspot with investors from Russia, China, and the U.A.E.Cyprus has experienced and struggled with difficult a financial crisis, but it’s perseverance is one factor which has attracted FDI. After the crisis in 2013, the community rejuvenated it’s major banks.Bond issues...
02/05/2018
The Internet enables us to exchange information with great ease, but how can one guarantee that the information won’t reach the hands of unintended people? How can companies and institutions ensure their customers and partners that their personal information is safe and secure?Data breaches are fairly familiar, one example is the data breach of millions of Facebook users when Cambridge Analytica mined personal information without consent....

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