12/01/2009 07:55
The major issues in today’s financial press are the figures for the banks’ market shares in November, the meeting of the crisis management committee on tourism and the alarm sounded by the three trade unions on unemployment in 2009.
The “Economy” inset of newspaper “Phileleftheros” refers to the figures on the banks’ market shares in November 2008. According to the report, Marfin increased its share in deposits by 1%, Bank of Cyprus lost 1.4% and Hellenic Bank remained stable. In the sector of loans, competition remains high and the Cooperatives are the major losers with their market share shrinking by 3.9%.
Elsewhere the newspaper reports that Russia and Ukraine signed an agreement which allows the export of Russian oil to Europe via Ukraine.
The “Economy” inset of newspaper “Politis” refers to the meeting of the crisis management committee on tourism to take place tomorrow. According to the report the hoteliers, the tourist agents, the CCCI and OEB leaders and the representatives of the four Ministries will examine the repercussions of the crisis on the tourist arrivals and will analyze the prospects of the industry exchanging views on the measures that must be taken.
“Politis” also highlights that the economists of the Blue Chip Economic Indicator believe that the downturn of the US economy will last longer than World War II.
The newspaper “Simerini” refers to the alarm sounded by the three trade unions for the unemployment in 2009. According to the report, SEK, PEO and DEOK requested by the government to take measures and to proceed with projects of millions of euros so as to create new job posts.
The “Economy” inset of the newspaper reports that 2009 will be a record-year of bankruptcies worldwide.
The “Economy’ inset of newspaper “Alithia” refers to the future of the current Larnaca Airport. According to the report, Hermes intends to convert it into a Mall.
Elsewhere the newspaper refers to the article of economist Giorgos Economides on whether we should worry about the course of the lending rates in Cyprus.
The newspaper “Haravgi” does not contain a financial inset.
The “Economy” inset of newspaper “Phileleftheros” refers to the figures on the banks’ market shares in November 2008. According to the report, Marfin increased its share in deposits by 1%, Bank of Cyprus lost 1.4% and Hellenic Bank remained stable. In the sector of loans, competition remains high and the Cooperatives are the major losers with their market share shrinking by 3.9%.
Elsewhere the newspaper reports that Russia and Ukraine signed an agreement which allows the export of Russian oil to Europe via Ukraine.
The “Economy” inset of newspaper “Politis” refers to the meeting of the crisis management committee on tourism to take place tomorrow. According to the report the hoteliers, the tourist agents, the CCCI and OEB leaders and the representatives of the four Ministries will examine the repercussions of the crisis on the tourist arrivals and will analyze the prospects of the industry exchanging views on the measures that must be taken.
“Politis” also highlights that the economists of the Blue Chip Economic Indicator believe that the downturn of the US economy will last longer than World War II.
The newspaper “Simerini” refers to the alarm sounded by the three trade unions for the unemployment in 2009. According to the report, SEK, PEO and DEOK requested by the government to take measures and to proceed with projects of millions of euros so as to create new job posts.
The “Economy” inset of the newspaper reports that 2009 will be a record-year of bankruptcies worldwide.
The “Economy’ inset of newspaper “Alithia” refers to the future of the current Larnaca Airport. According to the report, Hermes intends to convert it into a Mall.
Elsewhere the newspaper refers to the article of economist Giorgos Economides on whether we should worry about the course of the lending rates in Cyprus.
The newspaper “Haravgi” does not contain a financial inset.
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