The Ministry of Transport is currently in contact with several individuals – including the former Laiki Bank Chairman, Kikis Lazarides – in view of the changes in the Boards of Directors of Cyprus...
Piraeus Bank’s intentions in relation to its stake in the share capital of Bank of Cyprus will be clarified in the next few days. In his statements to the international press agency, Bloomberg,...
The major issues in today’s financial press are the talks among the parliament representatives of the EU member states on “Eurozone: Convergence or Divergence”, the projects that the government will...
05/01/2007
According to CYSTAT data released on Thursday, producer prices in November 2006 recorded an increase of 3.8% to 124.1 points against 119.5 points in the corresponding month of 2005. The largest...
04/01/2007
Aspis Pronoia AEGA and Commercial Value decided on Thursday to submit a more tempting acquisition proposal to the shareholders of Universal Bank, increasing the consideration to £1.10 (€1.90). Today...
The major issues in today’s financial press are the statistics on inflation 2006, the viability of the Social Securities Fund and the exploitation of oil in the island’s sea area. The “Economy”...
04/01/2007
Finance Minister, Michalis Sarris stated on Friday that Cyprus will submit its application for an EMU entry on February or March 2007. As the CNA reports, the application will state the reason for...
22/12/2006
According to CYSTAT date released on Friday, the Building Material Price Index in November 2006 recorded an increase of 3.9% to 133.68 points against 128.65 points in the corresponding month of 2005...
22/12/2006
ETYK member, Stelios Stylianou will replace Loizos Hadjicostis in the Board of Directors of Marfin Popular Bank. In his statements to StockWatch, Mr. Hadjicostis said that his resignation from the...
22/12/2006
The battle between Aspis Group and Schoeller-Path Holdings for the acquisition of Universal Bank is going stronger. So far, it seems that the acquisition is easier for Schoeller-Path, since...