News

Report: The 10 most competitive economies in the world

The Global Competitiveness Report 2015-2016 assesses the competitiveness of 140 world economies including the ones of the USA, Russia, UK, Singapore and Cyprus.


Occupied Trikomo is planning to become a Chinese village

As a Turkish Cypriot media reported, occupied Trikomo has attracted the close interest of Chinese investors. As stated by the TC newspaper, the Chinese investors are looking into all British, Russian and Scandinavian interest.


Ministry of Internal Affairs: Greece refuses to pay IMF

As per the state of the Ministry of Internal Affairs of Greece, Mr Nikos Vutsis stated on a local Greek TV channel that they may not be able to make the next payment as per the agreement of the IMF as originally planned for June 5th as the Greek treasury is currently "lacking funds".


Negotiations surrounding Greece have reached deadlock, once again

Negotiations between Greece, France and Germany within the EU leaders summit in Riga, Latvia have been interrupted without any of significant progress, Bloomberg reports.


A step in the right direction for Greece after weeks of uncertainty

After weeks of uncertainty for Greece’s future in the Eurozone, following the latest meeting yesterday, Greece with the support of the IMF have unveiled the widely anticipated outline summary of reforms demanded by Eurozone leaders in order to secure a bailout extension.


Improved air quality has come at a cost for China

Financial Data which emerged from China last week has highlighted the continuing downward pressure facing the major Asian economy. China's industrial output rose 7.7% in October from a year ago, while retail sales grew 11.5% in the same period. Economists predicted a growth of 8% and 11.6% respectively.