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The 10 cheapest cities in Europe for a weekend getaway in 2017

The 10 cheapest cities in Europe for a weekend getaway in 2017

The ninth annual Post Office Travel Money City Costs Barometer looked at the price of 12 typical tourist city break staples, such as an evening meal for two with wine, coffee, beer, soft drinks, airport transfers, sightseeing, attractions and accommodation, but not including air fares. Researchers then added these costs to produce a total barometer […]

Standard & Poor’s upgrades Cyprus

Standard & Poor’s upgrades Cyprus

Standard & Poor’s rating agency upgraded its assessment of Cyprus on Friday to BB+ from BB, with a stable outlook. At the same time, it affirmed its B foreign and local currency short-term sovereign credit ratings. S&P’s rating for Cyprus is now just one notch below investment grade. S&P said that it expected the Cypriot […]

Cyprus ranked fifth best place to relocate to globally!

Cyprus ranked fifth best place to relocate to globally!

“Out of a total of 23 countries worldwide, the Knight Frank Global Lifestyle Review puts Cyprus in fifth place as the best relocation destination in the world. The 2013 Knight Frank Global Lifestyle Review ranks Cyprus as the fifth best place to relocate. Cyprus offers some of the most extensive advantages for entrepreneurs, families and […]

Bank of Cyprus shares trading on the London Stock Exchange

Bank of Cyprus shares trading on the London Stock Exchange

The shares of Bank of Cyprus Holdings Public Limited Company commenced trading on the Main Market for listed securities of the London Stock Exchange (“LSE”) and trading on the Main Market of the Cyprus Stock Exchange (“CSE”) on Thursday. According to an announcement, issued by the BoC, trading commenced on the CSE and the LSE […]

Top 10 Countries With the Best Weather and Climate

Top 10 Countries With the Best Weather and Climate

Alongside the uplifting weather, which 69 percent of expats rate as very good, there are several other aspects that can be appreciated in Cyprus. Making new friends, personal safety and feeling at home in the local culture are among the top criteria that were praised by expats living there. In fact, 21 percent of the […]

52 Places to Go in 2017

52 Places to Go in 2017

There are thousands of getaways to explore this year. Here are some ideas to get you started. Number 21. Cyprus. A cultural and culinary renewal on a Mediterranean island. The Cypriot city of Paphos has prepared a slew of events for its role as a 2017 European Capital of Culture. But the entire island boasts renewed […]

Moody’s upgrades BOC, Hellenic one notch

Moody’s upgrades BOC, Hellenic one notch

Moody’s Investors Service on Wednesday upgraded, by one notch, the long term local and foreign currency deposit ratings of Bank of Cyprus to Caa2, and Hellenic Bank to Caa1, and affirmed their not-prime short-term local and foreign currency deposit and commercial paper ratings. Moody’s said its action was driven by an improved operating environment, which […]

Paphos launches enhanced tourism action plan for 2017

Paphos launches enhanced tourism action plan for 2017

Paphos is aiming to increase promotion of the district and has drawn up an action plan for 2017, which includes improvements in the use of social media and other promotional outlets, according to an announcement by the local tourism board. Participants at a meeting of the board of directors of the Paphos regional board of […]

Eurostat: GDP growth in Cyprus at 0.7% and 2.8% on quarterly

Eurostat: GDP growth in Cyprus at 0.7% and 2.8% on quarterly

Seasonally adjusted GDP rose by 0.7% in Cyprus during the third quarter of 2016, compared with the previous quarter, according to a flash estimate published by Eurostat, the statistical office of the European Union. In the second quarter GDP also grew by 0.8%. Compared with the same quarter of last year, seasonally adjusted GDP rose […]