The strong competition among the banks in the battle of deposits has been fruitful for Marfin Popular Bank, Hellenic Bank and Alpha Bank, which saw their shares increasing sharply at the expense of...
According to Eurostat data released on Tuesday, Cyprus has recorded the highest increase in the tax-to-GDP ratio in the European Union. Specifically, the tax revenue in 2005 stood at 36.2% of GDP...
The reactions against the new charges that Hermes Airports intends to impose in early April have increased sharply. IACA’s protests against the increased charges have been boosted by the reaction of...
The budget of Cyprus Broadcast Corporation (CyBC) for 2007 stands at £19.1 million, which is 8.1% lower than the budget of 2006, which reached £20.8 million. The CyBC budget, which was discussed at...
Hellenic Bank Chief Executive Officer and Chairman of the Board of Directors of CyBC, Makis Keravnos did not confirm but did not deny reports according to which he is one of the candidates for the...
Marfin Popular Bank is the first Cypriot Bank that will have a presence in Ukraine. Marfin CEO, Andreas Vgenopoulos had stated that the Group would proceed to the acquisition of a Ukrainian company...
European Commission representative stated on Friday that the approval of the four bills on the island’s accession in the euro area on 1/1/2008 by the House of Representatives is a “positive fact...
KEO and Heineken are in preliminary negotiations in order to reach an agreement for the exclusive import, distribution and sale of Heineken beer by the former in the Cyprus market. KEO Trading...
One in two Cypriot citizens renews the car license via the new website launched by the Transport Ministry, the Banks and JCC. The new website is http://jccsmart.com και http://rtd.mcw. So far, 450...
The results of Cyprus Airways showed lower losses in 2006. According to an announcement released today, CAIR showed net loss after taxation of £7.2 million compared to £22.6 million in 2005. The...