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Cyprus News Agency: News in English, 12-11-15

Cyprus News Agency: News in English Directory - Previous Article - Next Article

From: The Cyprus News Agency at <http://www.cyna.org.cy>


CONTENTS

  • [01] Foreign investment pivotal for growth, says Minister
  • [02] Cyprus inflation in October 2012 declined per percentage point

    reaching 2.6%.


  • [01] Foreign investment pivotal for growth, says Minister

    The Cyprus Investment Promotion Agency, within the current challenging economic conditions, has to undertake a continuous, consistent and persistent campaign to promote Cyprus, Commerce, Industry and Tourism Minister Neoclis Sylikiotis said in his address at CIPA Annual General Assembly.

    The Agency, he said, is required to continue action tirelessly advocating reform and improvement of the business environment, as well as supporting existing foreign investors. He explained that as part of government policy to promote strategic investments, the Cabinet decided on 27 July to establish a rapid mechanism for Licensing / Implementing of Strategic Investment, tasked with expediting procedures in coordination with relevant public authorities.

    [02] Cyprus inflation in October 2012 declined per percentage point reaching 2.6%.

    According to figures released by Eurostat, Cyprus' annual harmonized inflation in October declined to 2.6% compared with 3.6% in September and 4.5% in August.


    Cyprus News Agency: News in English Directory - Previous Article - Next Article
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