Cyprus to auction EUR 1 bln T-bills

The Central Bank of Cyprus announced the issue, on behalf of the Government, of new 1.50% Government Treasury Bills with a 35-week duration. The issue will be EUR1 bln and the Bills

Ford, Ifo boost stocks; UK GDP knocks sterling

World stocks and the euro rose on Friday after better-than-expected Ford Motor results and an upbeat key German corporate sentiment survey, while disappointing UK growth data knocked sterling. Ford posted a smaller-than-expected

Turkey’s EU path passes through Cyprus

Government Spokesman Stephanos Stephanou has stressed that no decision has been taken and nothing has been announced with regard to Turkey’s unhindered EU course, in view of the assessment Brussels with make