Category: Economy
Unpaid electricity bills
EAC general manager Mr Stelios Stylianou spoke on a local radio station yesterday. He noted that due to the banking system pause the past couple of weeks almost no one pa... Read More
Turkish Flag in Eleftherias square
A french man raised a turkish flag outside a Laiki bank (now Bank of Cyprus) branch at “Eleftherias square” in Nicosia today. The locals managed to disable him in their frustration and han... Read More
Salary cuts for ministers
The Ministry council decided today to release the University, Local Authority (municipality) and Government deposits from the haircut! They also decided to decrease the ministers s... Read More
Haircut on University research funds and public projects
The University of Cyprus has all its research funds, gifts, donations and scholarship funds deposited in Laiki and Cyprus banks (which are now merged to Bank of Cyprus). Information today says that th... Read More
Christopher Pissarides remarks on the Cyprus bailout
Nobel prize winner and member of the Cyprus Economic Council, Christopher Pissarides writes his remarks about the Cyprus bailout in an article in the Financial Times He explains that Cyprus does not h... Read More