The World Bank has listed Cyprus amongst 10 countries with improving economies, opening it up to new investment. The favourable Doing Business 2016 report released on Wednesday 28 October said Cyprus had moved up 13 places to become one of the top ten most improved countries in terms of economic and business reforms making it...Read More

Cyprus issued a benchmark 10-year one billion euro bond with a yield of 4.25% on Tuesday 27 October, its first since 2010, indicating growing confidence in the economy which officially exited recession in the first half of the year. Offers for the bond reached €2.8 bn. Finance Minister Harris Georgiades said the country’s creditworthiness has...Read More