Archive for 'Tag Archives: 'Economy''

Church to create new jobs

Church to create new jobs

PAPHOS – The Church of Cyprus is planning development projects worth millions of euros that will create thousands of jobs, Archbishop Chrysostomos said on Monday. Speaking on the sidelines of a visit to Paphos hospital, he [...]

Benefits from oil could accrue earlier than gas

Benefits from oil could accrue earlier than gas

FOR THE past one and a half years natural gas has taken centre stage in the local media. Strikingly enough, energy developments in the eastern Med have garnered sustained international attention. To put things into context, [...]

‘Dirty money’ claims were just an excuse for bail-in

‘Dirty money’ claims were just an excuse for bail-in

THE EUROPEAN Union, led by Germany, has made Cyprus pay dearly for its alleged money laundering transgressions but one leading anti-money laundering expert questions how the EU will ever repay Cyprus if those charges are proved [...]

Talk to Al Jazeera – Ioannis Kasoulides: Cracking Cyprus

Talk to Al Jazeera – Ioannis Kasoulides: Cracking Cyprus

Following the furor over the EU bailout, the Cypriot finance minister, Ioannis Kasoulides, talks about the island’s financial future.   Video from Al Jazeera [...]

Cyprus natgas earnings at 4 bln euro a year, says KRETYK

Cyprus natgas earnings at 4 bln euro a year, says KRETYK

Revenue share starting at 900 mln euros in 2020, then rising Earnings from the sale of natural gas export contracts could reach as high as 4 bln euros a year, once upstream production has started from [...]