President Christofias is not backing down on the issue of re-appointing Athanassios Orphanides as Central Bank governor for another five years at the end of this month and has extended his list
* GGB haircut raised from 60% to 74%; 237 mln in unsold rights must go by June * Bank of Cyprus adjusted higher its losses for 2011, with the final audited results
Hellenic Bank shareholders have approved a capital increase plan through a rights issue worth 66 mln euros during an extraordinary meeting held in Nicosia on Tuesday. One right will be issued for
. The pro-labour government is facing a dilemma, once again. It is having a hard time fending off criticism about its inability to help the low-income households and the working class, while
MEP Eleni Theocharous and the European People's Party are hosting an event to mark the publication of the journal Eurodialogue: "Turkey on the European Doorstep" on Friday, April 27 at 7:30pm at
After the success of its first seminar on forex trading in Limassol, Alpari Financial Services will present its second seminar, this time in Nicosia. The seminar will take place at the Hilton
The Institute of Certified Public Accountants of Cyprus (ICPAC) and the Institute of Chartered Accountants in England and Wales (ICAEW), together with Laiki Bank and the Cyprus Investment Promotion Agency are organising
U.S. authorities reported the country's first case of mad cow disease in six years on Tuesday, swiftly assuring consumers and global importers that there was no danger of meat from the California
Apple Inc's quarterly profit almost doubled, blowing past Wall Street estimates after a jump in iPhone sales, particularly in the greater China region, and soothing fears that the iPhone was past its
The Bank of Cyprus announced that its losses after tax amounted to 1.371 bln euros for 2011, following the impairment of Greek Government Bonds by 74%, according to the Bank’s final audited
