* Higher writedown provisions in Greece push losses to 134 mln * Bank of Cyprus reported increased first-half losses of 134 mln euros on Thursday, hit by a Greek debt writedown and
Cypriot retailer Ermes, operator of the Debenhams chain of stores on the island and part of the NK Shacolas dairy-to-telecom giant, has swung to a 2.5 mln euro first-half net loss on
Asian shares fell to four-week lows on Friday as investors cooled expectations that U.S. Federal Reserve Chairman Ben Bernanke will offer any signal of more monetary stimulus at a speech before fellow
The European Central Bank should buy sovereign bonds of troubled euro zone states only if the International Monetary Fund is involved in setting the economic reform programmes that should be a condition
Pirates released a Greek-operated oil tanker seized off Togo on Tuesday after stealing 3,000 tonnes of fuel from it, with its crew unharmed.. The seizure of MT Energy Centurion, which is operated
Greece's stock exchange suspended trading in shares of state-controlled bank Hellenic Postbank on Thursday following a nearly 30% plunge in its shares after the government said the lender could not survive on
The annual Limassol Wine Festival, a tribute to the Cyprus winemaking tradition, opened at the Municipal Gardens on Thursday with a ten-day programme packed with wine tasting, food, music dance and entertainment
Bank of Cyprus Board of Directors has unanimously elected Andreas Artemis as the new Chairman of the Board of Directors replacing Theodoros Aristodemou, who submitted his resignation yesterday for health reasons. A
A high level delegation of the Court of Justice of the European Union will pay Cyprus an official visit 1-4 September. The visit takes place upon the invitation of the Supreme Court
Turkish President Abdullah Gul tweeted from his hospital bed on Thursday to reassure Turks he was recovering from an ear infection which forced him to cancel a Victory Day reception as well
