Greece to guarantee all bank deposits

Greece's government will guarantee all bank deposits in the country, a senior finance ministry official said, even as the finance minister said the nation's banking system remained completely safe and solvent. Greece's

Cyprus unemployment in August at 3,6%

Unemployment in Cyprus reached in August 3,6%, according to data published by Eurostat. Cyprus records the fourth best performance in the EU -27. In July, unemployment in Cyprus was 3,7%. The euro

Aspis Holdings owns 61.88% of Commercial Value

Aspis Holdings Public Company Ltd (ASP.CY) announced that its total participation in Commercial Value SA stands at 61.88%, after the successful payment of EUR90 mln and all necessary approvals by the Greek

Alliance Re bid is fair

Alliance International Reinsurance Public Company Ltd (ALL.CY) announced that the independent expert evaluated the Public Offer of Flagstone for the acquisition of up to 100% of the issued share capital of ALL

Revelations of the Financial Crisis

Major changes in financial markets Dr. Jim Leontiades The CIIM Business School The current financial crisis has already brought about sweeping major changes in the institutional structure of the financial system. Distinguished