The major issues in today’s financial press are the European Central Bank’s decision to raise the interest rate by 0.25%, the statistics for the building permits in the first nine months of 2006 and...
President of the Republic, Tassos Papadopoulos stated on Thursday that the Franco-German proposal on Turkey’s reassessment in the future has no specific date for the evaluation. As the CAN report,...
07/12/2006
The European Central Bank decided on Thursday to raise the key eurozone interest rate by 0.25% to 3.5%. Within the framework of a press conference, ECB Chairman, Jean Claude Trichet stated that this...
07/12/2006
The Finance Ministry submitted to Parliament a supplementary budget of £28 million of Cyprus Telecommunications Authority (CYTA). According to the report accompanying the bill, the largest part of...
07/12/2006
In view of the three-way merger with Marfin Popular Bank and Egnatia Bank, Laiki Group proceeded to certain changes in its organic structure. Further to an older decision of the Board of Directors...
Hellenic Bank is considering increasing the incentives to its staff, Hellenic Bank Higher Executive Director, Makis Keravnos told StockWatch, invited to comment whether the bank will do the same as...
07/12/2006
The major issues in today’s financial press are the UN survey on the wealth per capita, the contributions to the Social Securities Fund and the three-way merger of Laiki Group, Marfin Financial Group...
07/12/2006
The third draft of the bill on the adoption of the euro prepared by the Finance Ministry is already before the European Central Bank. The bill refers to the provisions on the period of the...
06/12/2006
According to official data released recently, the total capitalizations of the banks are 65% of the country’s GDP, reaching €8.7 billion or £5.02 billion. The total capitalization of the Cyprus...
06/12/2006
Hellenic Bank Strategic Growth Manager, Yiannis Telonis, analyzed to StockWatch the reasons of the downward trend that the Hellenic Bank follows in the past few days. According to Mr. Telonis, the...
06/12/2006