European stocks may edge higher on Wednesday, poised to end a volatile month on a mildly stronger note, while the dollar struggled on heightened expectations that the U.S. Federal Reserve would do
. BY EFTHYMIOS FLOURENTZOU Minister of Communications and Works Traditionally, Cyprus and Germany have shared an excellent political and trade relationship, which became even closer following the accession of Cyprus to the
. The passage of the government’s first austerity plan last Friday hiking the pension contributions of civil servants and implementation of other measures that are supposed to achieve some cost savings was
. It is incomprehensible how the civil servants’ union that represents about 20% of the island’s workforce, has succeeded in the past five decades to impose itself on the private sector unions,
Piraeus Bank, Greece's fourth-largest lender with a significant branch operation in Cyprus, on Wednesday reported a first-half net loss of 820 mln euros ($1.18 bln), hurt by an impairment charge from a
National Bank of Greece made a first-half net loss of 1.31 bln euros after taking provisions for a government debt swap. The group said the impact of its participation in a voluntary
Marfin Popular Bank has completed an issue of 200 mln euros in covered bonds with an annual interest rate of 3-month euribor plus 2%. Marfin said the issue was completed on Friday.
Ester Levanon, CEO of the Tel-Aviv Stock Exchange, will be the main speaker at the annual business lunch hosted by Cyprus-Israel Business Association and the Embassy of Israel in Nicosia at the
Paphos is getting ready to host the 13th annual opera at the medieval castle this weekend with the National Theatre of Prague performing Jacques Offenbach’s “The Tales of Hoffman”. The harbour area
The fifth annual Cyprus-Russian Gala will be held on the grounds of the University of Cyprus next Wednesday, September 10, with the participation of fine musical talents from Cyprus and Russia. This
