Memorandum of Understanding
By Constantinos Psillides THE House Finance Committee yesterday began discussions on changes to the Resolution Authority, with main opposition party AKEL fuming that this was...
‘The time for fun and games is over’
By Elias Hazou THE banking sector may have been saved from the brink, with the taxpayer footing the bill, but the trickiest part of overhauling...
IMF experts in Cyprus to look at solvency laws
AN International Monetary Fund (IMF) team of experts is in Cyprus to scrutinise the island’s solvency law, reports said yesterday. The Cyprus News Agency said...
Greens say central bankers must share austerity
THE GREEN party yesterday condemned the government’s move to submit bills to Parliament exempting the Central Bank (CB) from austerity measures freezing wages, promotions and...
Cyprus and Total sign gas MoU (Updated)
By Elias Hazou CYPRUS and energy giant Total signed a memorandum of understanding (MoU) yesterday for the development of a natural gas liquefaction facility. The...
Troika piles on the pressure for SGO sell-off, EAC union pledges to resist
By Elias Hazou AN Electricity Authority of Cyprus (EAC) trade union pledged yesterday to fight any attempt at privatising – either partially or in full-...
Troika due next week for second review
A DELEGATION from Cyprus’ international lenders will be here next Tuesday for their second review of the island’s €10bn rescue package. Technocrats from the European...
SGO sell-off coming soon
By Peter Stevenson THE GOVERNMENT will go ahead with the privatisation of semi-government organisations (SGOs) very soon because it is part of the Memorandum of...
Mitigating the damage from troika MoU: a strategy for economic recovery, part 2
By Costas Apostolides In my first article of three on what a recovery plan for our economy should entail, I described the two steps that...
‘Historic’ plan for water and electricity
By Stefanos Evripidou CYPRUS, ISRAEL and Greece will sign a “historic” memorandum of understanding (MOU) on energy and water issues today, paving the way for...