29/05/2013 07:22
The major issue in today’s financial press is the appointment of Christos Sorotos as interim CEO of Bank of Cyprus, as announced by the Central Bank of Cyprus yesterday.
The “Economy” inset of newspaper “Phileleftheros” refers to the appointment of Christos Sorotos as executive CEO of Bank of Cyprus. Following his appointment, Mr. Sorotos told the newspaper that his priority is to regain the reliability of the new Bank of Cyprus and to contribute to the economy.
Elsewhere the newspaper reports that Bank of Cyprus submitted a request for the release of 30% of its blocked deposits for transactions in properties.
Other headlines:
- Others to blame for the high electricity prices, EAC says
- Next step to make labour market more flexible
- Fuel sales down in April
- Climate less negative
The “Economy” inset of newspaper “Politis” refers to the appointment of Christos Sorotos as CEO of Bank of Cyprus, as announced by the Central Bank yesterday. According to the announcement, Mr. Sorotos has an experience of more than 34 years in banking, including the management of non-performing loans and restructuring of activities in Greece, London, the United States, Bulgaria, Romania and elsewhere.
“Politis” also reports that the economic climate in May improved, with the economic indicator increasing by 8.3 points compared to April.
Other headlines:
- Quorum in CBC is official
- Euro-growth in 2014 – Eurozone in recession this year, JP Morgan expects
- No mass flight for foreign companies – They give us second chance
- Small gains of 0.05% - CSE
The “Economy” inset of newspaper “Simerini” refers to the House Institutions Committee session, which examined the sale of activities of the Cypriot banks in Greece. According to the report, the majority of the MPs said that the agreement for the sale of branches to Piraeus Bank was bad, stressing that the decision was taken at a political level.
The newspaper also highlights that Ecologists’ MP, Giorgos Perdikis talked about an effort to cover-up the Solidarity Fund introduced by the previous government.
Other headlines:
- Second chance for Cyprus
- Economic climate improves
- Setting the organizational fabric – Primary goal of new CEO of BOCY
- Seeking ways to prolong tourist period
The “Economy” inset of newspaper “Haravgi” refers to the appointment of Christos Sorotos as interim CEO of Bank of Cyprus, as announced by the Central Bank yesterday. According to the report, Mr. Sorotos’ appointment will be effective as from today and until the first general meeting of the new shareholders of the bank in September.
“Haravgi” also reports that the new decree for the restrictions in transactions to be issue don Friday will include significant relaxations.
Other headlines:
- Rents of €3.6m per annum for the Church
- Anastasiades reached the agreement with Greece
- Second chance of investors to Cyprus
- New Board members of EPA appointed
The “Economy” inset of newspaper “Alithia” refers to the research of the European Commission on electronic governance. According to it, almost one in two citizens (46%) uses the internet to find job, to submit the tax return etc.
Elsewhere the newspaper reports that President of the European Investment Bank, Werner Hoyer will pay an official visit to Cyprus tomorrow.
Other headlines:
- EC unshakable for photovoltaic panels of China
- Aptitude test of Bloomberg from University of Nicosia
- Taxation in Cyprus remains attractive – DLA Piper
- Assessment of banks in first quarter – Asmussen
The “Economy” inset of newspaper “Phileleftheros” refers to the appointment of Christos Sorotos as executive CEO of Bank of Cyprus. Following his appointment, Mr. Sorotos told the newspaper that his priority is to regain the reliability of the new Bank of Cyprus and to contribute to the economy.
Elsewhere the newspaper reports that Bank of Cyprus submitted a request for the release of 30% of its blocked deposits for transactions in properties.
Other headlines:
- Others to blame for the high electricity prices, EAC says
- Next step to make labour market more flexible
- Fuel sales down in April
- Climate less negative
The “Economy” inset of newspaper “Politis” refers to the appointment of Christos Sorotos as CEO of Bank of Cyprus, as announced by the Central Bank yesterday. According to the announcement, Mr. Sorotos has an experience of more than 34 years in banking, including the management of non-performing loans and restructuring of activities in Greece, London, the United States, Bulgaria, Romania and elsewhere.
“Politis” also reports that the economic climate in May improved, with the economic indicator increasing by 8.3 points compared to April.
Other headlines:
- Quorum in CBC is official
- Euro-growth in 2014 – Eurozone in recession this year, JP Morgan expects
- No mass flight for foreign companies – They give us second chance
- Small gains of 0.05% - CSE
The “Economy” inset of newspaper “Simerini” refers to the House Institutions Committee session, which examined the sale of activities of the Cypriot banks in Greece. According to the report, the majority of the MPs said that the agreement for the sale of branches to Piraeus Bank was bad, stressing that the decision was taken at a political level.
The newspaper also highlights that Ecologists’ MP, Giorgos Perdikis talked about an effort to cover-up the Solidarity Fund introduced by the previous government.
Other headlines:
- Second chance for Cyprus
- Economic climate improves
- Setting the organizational fabric – Primary goal of new CEO of BOCY
- Seeking ways to prolong tourist period
The “Economy” inset of newspaper “Haravgi” refers to the appointment of Christos Sorotos as interim CEO of Bank of Cyprus, as announced by the Central Bank yesterday. According to the report, Mr. Sorotos’ appointment will be effective as from today and until the first general meeting of the new shareholders of the bank in September.
“Haravgi” also reports that the new decree for the restrictions in transactions to be issue don Friday will include significant relaxations.
Other headlines:
- Rents of €3.6m per annum for the Church
- Anastasiades reached the agreement with Greece
- Second chance of investors to Cyprus
- New Board members of EPA appointed
The “Economy” inset of newspaper “Alithia” refers to the research of the European Commission on electronic governance. According to it, almost one in two citizens (46%) uses the internet to find job, to submit the tax return etc.
Elsewhere the newspaper reports that President of the European Investment Bank, Werner Hoyer will pay an official visit to Cyprus tomorrow.
Other headlines:
- EC unshakable for photovoltaic panels of China
- Aptitude test of Bloomberg from University of Nicosia
- Taxation in Cyprus remains attractive – DLA Piper
- Assessment of banks in first quarter – Asmussen
Related Articles
