Jennifer Lopez, American singer and actress has cancelled a concert that she had agreed to stage this month in the Turkish occupied areas of the Republic of Cyprus, after a strong reaction
Further to the announcement dated 28 June 2010 the Board of Directors of the Bank of Cyprus Group (“BoC”, the “Bank”, or the “Group”) has decided to increase its capital through a
The Cypriot parliament on Thursday voted down a government bill to raise corporate tax by one percentage point to 11 percent, saying it could damage the island's fragile economic recovery. The tax
Bank of Cyprus (BOCY) said it would proceed with a 2-for-7 rights issue at 2 euros a share to raise 345 million euros and boost its equity capital. The cash call, which
The European Central Bank expects the euro zone's economic recovery to be moderate and uneven, President Jean-Claude Trichet said on Thursday after the bloc's interest rates were held at a record low
Greece's budget consolidation programme is realistic and represents a good basis for economic recovery, European Central Bank President Jean-Claude Trichet said on Wednesday. "Looking ahead, the economic and financial programme decided by
The European Central Bank will face pressure on Thursday to say whether Europe-wide stress tests on banks will be tough enough to convince markets of their worth but is likely to offer
House prices in Britain fell 0.6 percent in June, the third successive monthly fall, a survey from mortgage lender Halifax showed on Thursday, reinforcing the view that last year's housing market recovery
Greek workers went on strike on Thursday ahead of a parliamentary vote on a sweeping pension reform, in a fresh test of the Socialist government's resolve to tackle its debt crisis through
Europe named 91 banks taking part in a probe into the health of its banking system – including many regional banks where markets suspect most of the sore spots – as it
