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Media Centre

The trend for investors basing the location of their investments on a country’s citizenship scheme has proven a great advantage for jurisdictions offering such a scheme. 

New €50m credit line for SMEs

  • Friday, 04 April 2014 08:39
THE European Investment Bank (EIB) has authorised a new €50m credit line for small and medium-sized enterprises via a deal concluded yesterday with the Cooperative Central Bank (CCB).
The possibility of Cyprus appearing, once again, on a Russian ‘blacklist’ is a tangible threat, Christodoulos Angastiniotis, Chairman of the Cyprus Investment Promotion Agency (CIPA) has said, the prevention of which requires due diligence.
In Cyprus, there is good news – very good news, actually – and bad news.
The appointment of Chrystalla Georghadji to replace outgoing Central Bank of Cyprus Chief Panicos Demetriades will help heal a rift between the central lender and the government, a former governor at the bank said.