The European Central Bank decided on Thursday to leave its key interest rate unchanged at 2.5%. Under the light of the latest decision, the Monetary Policy Committee of the Central Bank of Cyprus...
Before its closing on April 13, the House of Representative will ratify a loan of £14.1 million with governmental guarantee raised by CyBC after an agreement with Kommunalkredit Bank Ltd. The loan...
In view of the parliamentary elections on May 21, 2006, the Council of Ministers decided on Wednesday to grant an additional subsidy of £1 million to all political parties. The bill has already been...
According to CYSTAT data released on Thursday, inflation in January and February 2006 stood at 2.25% and 2.64% respectively, while in March it was shot to 3.23%. This increase is attributable to...
The CSE general index surged 1% to 2497 points on Thursday, influenced by the impressive performance of the banking stocks. The Bank of Cyprus, which decided to issue a Tier 2 Capital of €200...
The major issues in today’s financial press are the developments in the cooperation between Laiki Group and Marfin and the financial results of the Cyprus Development Bank. The “Economy” inset of...
Admiral Panayiotis Hinofotis, Chief of the Greek National Defence General Staff, will visit Cyprus on April 9, accepting the invitation of the Cyprus’ Chef Staff, Constantinos Bisbikas. As the CNA...
The CSE general index fell 0.5% to 2472.8 points on Wednesday, while FTSE ended 0.55 lower as well at 840.8 points. The Bank of Cyprus lost 0.5% or 2 cents to £3.89, the Popular Bank dropped 0.4%...
In an announcement released on Wednesday, Brainstorm Enterprises Public Limited reported that on April 4, 2006 the Company was informed that Toxotis Investments Public Limited, Europrofit Capital...
According to JCC Payments data released on Wednesday, the use of credit cards by Cypriots abroad in March 2006 recorded an increase of 26% to £17.7 million against £14.1 million in the corresponding...