Cyprus in EUR1 bln bond issue

The Republic of Cyprus will tap international markets to raise EUR 1 bln through a bond issue, which will be made during the first half of 2009, Finance Minister Charilaos Stavrakis said.

Jaded G7 passes parcel to G20 on crisis

The G7 economies are struggling to produce a collective response to the worst downturn in decades, raising the danger that an upcoming G20 meeting could in turn hit trouble over the looming

Turkish police arrest 15 in pro-Ocalan protests

Turkish police clashed with Kurdish protesters and arrested at least 15 people demonstrating to mark the 10th anniversary on Sunday of the capture of separatist leader Abdullah Ocalan. Five protesters and two

Marfin-CLR merger goes smoothly in Cyprus

The merger between Laiki Investments, a member of Marfin Popular Bank subsidiary and CLR Capital has gone ahead smoothly, creating Marfin CLR Public Co. Ltd., Cyprus’s largest financial services firm both in

Carrefour opens new express in Cyprus

The French supermarket chain Carrefour, operating stores in Cyprus through the Greek-owned Marinopoulos Group, has opened a Carrefour express store on Tseri Avenue in Nicosia. According to the company, the plan is