Standard & Poor's Ratings Services said that the National Bank of the Ukraine's decision to not intervene in the exchange rate market and permit the hryvnia to appreciate by just under 11%
The Cabinet approved a set of measures regarding the Social Insurance Fund (SIF) aiming to support the viability of the Fund up to 2050. Acting Government Spokesman Titos Christofides speaking after the
Derivative products based on component stocks of the Cyprus Stock Exchange (CSE) will be ready to be introduced before the end of 2008, said CSE Chairman Georgos Koufaris. Presenting CSE’s financial results
The Board of Directors of Aspis Holdings Public Company Ltd decided to proceed with the acquisition of shares of A.L. Prochoice Group Public Ltd. Specifically, Aspis Holdings proceeded with an off-floor purchase
Hermes Airports Ltd announced the appointment of Yanis Papastefanou as General Manager, Larnaka International Airport, effective Friday 16 May 2008, succeeding Curtis Grad, who is taking up a new role in Jordan
Foreign direct investment in Cyprus reached 1.5 billion euro in 2007, compared to 1.2 billion in 2006, according to data provided by Eurostat. Eurostat data show that 1.2 billion Euro came from
Cyprus Finance Minister Charilaos Stavrakis said that Ukrainian officials assured him that there is no intention of including Cyprus in the country’s tax black list. He added that Ukraine and Cyprus would
Intersport, a member of the Fourlis Group is planning the expansion of stores reaching 50-60 in Greece, Cyprus, Romania and Bulgaria. The Group plans to open 3-5 stores in Cyprus from 1
The number of Cyprus property deals concluded by foreigners fell 11.7% Year-on-Year in the first quarter of 2008 to 446 from 505 in the same period in 2007 according to the Cyprus
In 2007, EU27 FDI1 (foreign direct investment) in extra-EU27 countries (outflows) rose by 53%, from 275 bln euro in 2006 to 420 bln in 2007, while FDI into the EU27 from the
