Cyprus’s Economy

Greenback Elevated on Equity Sell-Off US indices faced a fresh sell-off on Monday as renewed coronavirus fears and a stagnant stimulus package took their toll. Bank shares fell following a report that JPMorgan Chase and Bank of New York…
Read More

The first long-awaited upgrade of the Cyprus economy by the rating agencies for this Fall has finally arrived with the recent upgrade from S&P by one notch (from BB- to BB). Now we are only two notches away from the investment-grade…
Read More

 On March 31st, 2016 the Cyprus government has officially exited the Memorandum of Understanding (MoU) with Troika after a three-year period. During this time, Cyprus has received around €7.2 billion (out of a total of €10 billion…
Read More

I participated recently in an entrepreneurial educational field trip to Athens that is organized by CIIM’s Entrepreneurship and Innovation Center (ENTICE). This is part of a series of educational field trips that CIIM’s organizes every…
Read More

A little isle in the Mediterranean Sea has suddenly became one of the most important global financial hubs. Few decades ago no one could predict such a huge success: Cyprus is a home for 200 investment firms. They stay here despite strict…
Read More