The major issues in today’s financial press are the banks’ request to change the guarantors’ system, the Church’s finances, the trade in the occupied territories and the T/C banking system. The “...
Cyprus President, Tassos Papadopoulos had a meeting with the Greek Prime Minister, Costas Karamanlis on Thursday, in the presence of the Greek Foreign Minister, Petros Molyviatis and the Cypriot...
26/08/2004
First Merchant Bank based in the occupied territories of northern Cyprus issued an announcement on Thursday denouncing the decision of the US Treasury Department according to which the bank -...
26/08/2004
Government says it backs the utility’s plans for modernization and expansion in a deregulated market PPC’s President Yiannis Palaiokrassas (left) and Development Minister Dimitris Sioufas were the...
26/08/2004
Oil prices edged higher on Thursday from a heavy drop the day before as renewed violence and sabotage attacks in Iraq revived fears over supply disruptions. U.S. light crude gained 30 cents to $43....
26/08/2004
BP’s RUSSIAN oil partner was accused by a Geneva tribunal yesterday of taking part in a scheme to acquire illegally a controlling stake in a billion-dollar Russian mobile phone company. Alfa Group...
26/08/2004
Germany has directly rejected calls by incoming president of the European Commission, José Manuel Durão Barroso, to raise the EU's budget for the next financial period. In an interview with the...
26/08/2004
The Bank of France is seeking European Union-wide restrictions on exceptional budgetary measures that member states use to reduce their public deficits. In its August monthly bulletin, the central...
26/08/2004
Higher oil prices and rising interest rates are likely to lead to a slowdown in spending on the UK High Street, business leaders have predicted. The Confederation of British Industry said it was...
26/08/2004
Business confidence in Germany, Europe's biggest economy, dropped for a third month in four in August on concern record oil prices and flagging consumer spending will curb the pace of economic growth...
26/08/2004