In the next few days, Finance Minister, Charilaos Stavrakis, will make the final changes in the draft for the increase of the legal guarantee of deposits from €20 thousand to €100 thousand prepared...
According to figures released on Thursday, IRD revenues in the first nine months of 2008 recorded an increase of 4.1% to €1,531.5 million from €1,470.9 million in the corresponding period of 2007....
The major issues in today’s financial press are OEB’s survey for the impacts of the financial crisis on businesses, the impacts of the crisis on world economy and the increase in the price of basic...
National Bank refused to attend the conciliatory meeting at the Labour Ministry today. According to an official announcement, in an effort to solve the labour dispute after the dismissal of two ETYK...
DISY Vice President, Averof Neophytou urged the government on Wednesday to submit a bill for the reduction of the consumer tax on heating oil to 1.2 cents per litre. According to CNA, Mr....
In an announcement released today, Cyprus Bankers Employers Association (KEST) stated that the current situation after ETYK’s announcement that it will take measures against National Bank threatens...
According to Eurostat data released on Wednesday, euro area annual inflation was 3.6% in September 20082, down from 3.8% in August. In September 2007, inflation hardly stood at 2.1%. EU annual...
The latest crisis in National Bank after the dismissal of two employees intimated the need for a meeting at the Labour Ministry to take place later today. In a letter to ETYK Chairman, Loizos...
The European stock markets fall on Wednesday after two consecutive days of significant gains. After Wall Street’s drop yesterday and the uncertainty for the corporate gains, the indices of the...
The major issues in today’s financial press are the signing of loan contracts after January 1, 2008 and the price of goods and services in the supermarkets. The “Economy” inset of newspaper “...