Category: English

Flow of Russian tourists in Cyprus will increase i...

After the Russian plane crash on 31 October, the President of Russian Federation signed a decree to suspend flights to Egypt until the determination of reasons, where he recommended to tour operators and tour agents to do not sell tickets. In connection to this, tourists, who have already bought tickets to Egypt, are offered to replace them for Cyprus or Turkey.

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Global forecasts deceleration

Organisation for Economic Co-operation and Development (OECD) changed global GDP forecasts from 3% to 2.9%, however, it should be increased by 3.3% and 3.6% in 2016 and 2017 respectively.

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Awards of Cyprus Banks

On 29 October, Global Finance magazine has named Bank of Cyprus the best private bank in Cyprus. It is already a second award within this month.

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Casino in Cyprus: myth or reality

At the end of July 2015, the Parliament of South Cyprus has adopted the law about legalization of casinos. The tender started on 18 September and will last until 18 December 2015.

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