The Commission for the Protection of Competition decided to approve the acquisition of Universal Bank by Aspis Pronoia AEGA and Commercial Value. On October 6, the Commission decided that the...
The major issues in today’s financial press are the problem of “closed markets” in the Cyprus market, the bill on the tax cut on cars and the three-way merger of Marfin Financial Group, Laiki Group...
19/10/2006
The Attorney Generals of Cyprus and Russia, Petros Clerides and Yuri Chayka, signed on Tuesday an agreement of cooperation to facilitate the relations between the two Law Offices. As the CNA reports...
18/10/2006
The European Commission submitted a proposal for the full opening of the EU postal markets top competition by 2009. The Commission believes that this is the best way to maintain universal service...
18/10/2006
The European Commission approved on Wednesday a proposal to establish a European Institute of Technology. The EIT could begin its operations in 2008 with an estimated budget of up to €2.4 billion...
18/10/2006
Bank of Cyprus and Popular Bank were once again at the center of attention in the CSE on Wednesday, concentrating a significant investors’ interest. Turnover of £4.9 million for CPB Popular Bank...
18/10/2006
The Securities and Exchange Commission announced on Wednesday that the shareholders of Popular Bank are not fully informed on the three-way merger of Marfin Financial Group, Laiki Group and Egnatia...
The major issues in today’s financial press are the agreement for the three-way merger of Marfin Financial Group, Laiki Group and Egnatia Bank, the inflation criterion for the EMU accession and the...
18/10/2006
According to Finance Ministry data, the tourists’ spending per capita in August 2006 recorded an increase of 2.7% to £492.26 against £479.27 in the corresponding month of 2005. However, compared...
18/10/2006
Despite the fact that we are already in mid October, CTO Chairman, Panos Egglezos appeared optimistic that Cyprus will cover the lost ground in tourist arrivals. In his statements to StockWatch, Mr...
17/10/2006