Six SME selected for five EU defence projects
Six Cypriot SMEs were selected to participate in another five projects of the European Commission’s European Defence Industrial Development Programme (EDIDP) for 2020, in what...
sme
Cyprus signs deals with EIB worth €212m
Cyprus and the European Investment Bank (EIB) signed two agreements worth €212m on Friday, earmarked for road infrastructure and assistance to small and medium businesses....
EU approves €20m support scheme for Cypriot SMEs
The European Commission has approved a €20 million Cypriot scheme to support small and medium-sized enterprises (SMEs) affected by the pandemic, it announced on Thursday....
MPs urge banks to be lenient with stricken SMEs
MPs urged banks on Tuesday to show sensitivity towards stricken small and medium businesses (SME), as lenders show reluctance to lend money amid the coronavirus...
No Cypriots implicated in misuse of EU funding for SMEs, legal service says
No Cypriots or Cypriot companies were implicated in an investigation by the European anti-fraud office, Olaf, relating to the alleged misuse of more than €400,000...
Hellenic, Co-op sign state-guaranteed loan agreements with EIB
By Stelios Orphanides Hellenic Bank and Cyprus Cooperative Bank signed a €40m and €25m loan deal with the European Investment Bank (EIB) respectively which will...
EIB and BOC to inject €134m in new loans for SMEs
THE European Investment Bank (EIB) and Bank of Cyprus on Friday signed an agreement to inject €134m of cheap credit for small and medium-sized companies...
Sunday opening not destroying small business, labour minister says
Labour Minister Zeta Emilianidou on Sunday rubbished claims by small businesses that extended opening hours were destroying them and exploiting workers, as a final Supreme...
Most provident funds and charities to be exempt from bail-ins
The House finance committee on Tuesday said that 99 per cent of provident funds would be shielded from a ‘bail-in’ or haircut on deposits, under...
Government, EIB to sign €150m loan guarantee agreement for SMEs
Cyprus and the European Investment Bank will sign on Thursday a €150m government loan guarantee agreement that will help Cypriot lenders extend loans to small...
