The Council of Ministers today announced changes to the criteria by which Cypriot citizenship is granted to investors. The main amendments concern the discretion of the Cabinet to lower certain…

Moody's Investors Service has changed the outlook on Cyprus' Caa3 government bond rating to positive from negative, a statement made available in Nicosia on Saturday said. The statement cited as…

Fitch Ratings has affirmed Bank of Cyprus’(BoC) and Hellenic Bank’s long-Term Issuer Default Rating (IDR) at `RD` (restricted default), upgrading at the same time, the banks` Viability Ratings (VR) to…

Addressing a reception organised by the Cyprus Securities and Exchange Commission (CySEC) earlier this month, President Nicos Anastasiades emphatically proclaimed Cyprus as an attractive investment destination and a competitive centre…