Kikis Kazamias

Lufthansa, the renowned German colossus airline has offered some developement advice to Cypriot Airways over the past few days. Representatives of Triple Five, a Canadian Development and Finance Corporation,also happen to be in Cyprus at the same time. Inofficially, there...

Cypriot President Demetris Christofias, reshuffled his cabinet Monday and appointed former banker Vassos Shiarly as finance minister after Kikis Kazamias tendered his resignation on health grounds. According to government spokesman Stefanos Stefanou two other key ministries have changed hands. Interior Minister...

The first installment, worth 590 million euros, of a 2.5-billion-euro loan from the Russian Federation was received on Thursday by the Republic of Cyprus, to enhance the public sector`s cash flow and cover the Republic`s financing needs for 2012. According...

Cyprus’ Banks are expected to try to raise capital privately to strengthen their capital adequacy, Finance Minister Kikis Kazamias has said, stressing that the Government is ready to step in and take all actions necessary to ensure financial stability. In...