The major issues in today’s financial press are Eurogroup and Ecofin meetings which had talks on the negative international developments concerning the economic growth and the course of inflation,...
The Cyprus Stock Exchange is in the red on Tuesday, pressured by the negative climate in Europe due to concerns that the big banks will need new capital of $75 billion. Losses are also linked to the...
Cypriot car drivers are attracted by three car makers mostly, since almost 40% of the new and used car purchases are restricted to those three. According to latest Road Transport Department...
Russia will possibly delist Cyprus from the black list due to the latter’s denial to provide confidential information to the Russian authorities, Russian Deputy Finance Minister, Sergei Shatalov...
The major issue in today’s financial press is the first Central Bank economic bulletin and the risks for the economic robustness of the households. The “Economy” inset of newspaper “Phileleftheros...
The Board of Directors of Universal Bank decided to elect Mr. Pavlos Savvides, the accountant former Minister and major shareholder, as Chairman. The Board, which became a body for the first time,...
On its first opinion on the issue after the appointment of its new Governor, the Central Bank of Cyprus believes that the risk for a significant decline in property prices is small. The CB warned...
The Central Bank of Cyprus decided on Monday to revise downwards its forecasts for the course of the main economic sizes in 2008 and 2009. In its first economic report, the CB revised its previous...
According to an announcement released today, the Board of Directors of Bank of Cyprus Public Company Ltd will convene on Thursday 24 July 2008 to examine the Bank of Cyprus Group financial results...
Bank of Cyprus, Marfin Popular Bank, Piraeus Bank and National Bank are among KBW’s top picks but the firm lowered their TPs. In its report dated July 7, KBW upgraded the European banking sector...