DISY Vice President, Averof Neophytou referred once again to Central Bank’s gold stocks. In a written statement, Mr. Neophytou said that the injections by the regulatory authorities for the...
The total turnover of the thousands spots appeared on TV in the first eight months of 2008 recorded an increase of 20%, which shows that the Cypriot businesses deal successfully with the credit...
Domestic banks decided to take strict measures to minimize their exposure to risks lurking in the property market. The banks’ defence lines start from the seaside areas, where domestic and external...
The major issues in today’s financial press are the Central Bank’s view for the robustness of the banking system, the price of coffee in Cyprus and the introduction of a supervisory authority for the...
British Minister for Europe, Jim Murphy is expected to visit Cyprus in the near future. This statement was made by the Foreign Office spokesman after Mr. Murphy’s statements that he intends to visit...
Ocean Tankers achieved the absorbance of €18.45 million via a Rights issue, despite the difficult financial conditions in the past few months and the strong criticisms for the transfer of water from...
DISY Vice President, Averof Neophytou stated on Wednesday that the amounts announced so far as investments in US companies that collapsed don’t seem to be a problem. Mr. Neophytou expressed his...
The Securities and Exchange Commission urged the CFIs to let it know whether they have distributed financial products of Lehman Brothers, Merrill Lynch, Morgan Stanley, Goldman Sachs and AIG to their...
SEK announced on Wednesday that it favours the Consumers’ Commissioners and urged the Commerce Ministry to have second thoughts on the issue. “We have pointed out to both the current and the...
“The repercussions on Cyprus’s economy from the credit crunch are small”, Finance Minister, Charilaos Stavrakis stated. Within the framework of his speech at CIIM, Mr. Stavrakis referred to the...