Despite the fact that the economic slowdown in Cyprus has affected negatively the majority of the 150 companies listed in the CSE, auditors have expressed their concern on nine companies, whose...
The 6-hour strike measures to take place on Monday are untimely and unnecessary, said the Cyprus Airways Deputy Chairman, Achilleas Kyprianou, stressing that the strikes will hit the company in a...
23/05/2003
Relations between the shareholders and company directors seem to have entered a new phase in recent weeks. After the criticisms voiced by the BOC shareholders last week, Laiki shareholders took...
22/05/2003
The Securities and Exchange Commission considered the potential losses from BOC's investment in the Greek IT company Zachs to be insignificant compared to the size of the Group, and hence, did not...
20/05/2003
Official: SEC was made aware of the case The Bank of Cyprus has accumulated losses of less than EUR 13 million from its unsuccessful investment to the Greek IT company Zachs (BOC acquired 60% of its...
19/05/2003
The accumulated losses of the last few years, increased labour costs and the negative consequences from the liberalization of the financial system have pushed Cypriot banks to proceed to new measures...
13/05/2003
Finance Minister, Marcos Kyprianou, said that the Ministry will proceed to an investigation with regard to the correctness of the decisions taken by the outgoing Board of Directors of Cyprus Airways...
21/04/2003
The new Cyprus government has decided to depart from the policy of the previous government to privatize semi-state organizations. The Minister of Transport stated that he will not proceed to the...
18/04/2003
Minister of Commerce, Industry and Tourism, Giorgos Lillikas, has expressed his certainty that the Cyprus companies will exploit the new opportunities and prospects offered by the European Union, to...
14/04/2003
Is there a “banking cartel” in Cyprus between the Bank of Cyprus, the Popular and the Hellenic Bank? Do the three banks cooperate “behind the scenes” and pre-agree on the policy and the services...
02/04/2003