Market Talk on Int’l & Cyprus

Freddie Mac & Fannie Mae The rescue plan announced for Freddie Mac & Fannie Mae shows the determination of the US authorities to support the financial markets and discourage a run on

FX Commentary – TFI

Fannie and Freddie crisis strikes one more blow to the weak USD. Who’s next? Charis Charilaou Chief Dealer The deterioration of the US financial sector as is evident from the latest turmoil

Cyprus tax revenue up 1.7% in 1H08

The Cyprus Inland Revenue Department (IRD) announced that tax revenue during the period January -June 2008 increased by 1.7% YoY to EUR 795.2mln. The marginal improvement is primarily attributed to higher revenues

Cyprus Airways to issue shares

The Board of Directors of Cyprus Airways Pcl (CAIR) has decided to proceed with the issue of 20mln shares under a share option scheme offered to CAIR’s employees following approval from the