Posts by tag: death threats

Archives April 6, 2013 posted by

Chinese company interested in Cyprus Airways

A CHINESE company is interested in buying ailing national carrier Cyprus Airways (CY), it was revealed yesterday.

In a statement to investors, CY said officials from Beijing Yi Xiang Da Investment Co Ltd held talks with finance ministry and airline officials.

Signs for a conclusion appear to be encouraging, the airline said, but there has not been an agreement yet.

The government said it was prepared to talk to anyone with the aim of finding a strategic investor.

Read More
Archives August 7, 2012 posted by

‘Only growth will help reverse economic ills’

ONLY growth will reverse the difficult conditions faced by the economy, Labour Minister Sotiroulla Charalambous said yesterday, stressing that any measures as part of Cyprus’ bailout should not cause collateral negative effects.

But that appears to be easier said than done as Cyprus’ international lenders have warned of painful years ahead with non-existent prospects of growth.

Charalambous said the bleak situation faced by the economy can be reversed through growth “and this is a critical point for us in the ongoing discussion about the terms of applying to the support mechanism.”

Read More

Archives Calendar

December 2019
M T W T F S S
« Jun    
 1
2345678
9101112131415
16171819202122
23242526272829
3031  

Archives List