Greek FM to visit Cyprus

Greek Foreign Minister Dora Bakoyianni will visit Cyprus to participate in the fifth Informal Conference of Foreign Ministers of the EU Mediterranean member-states. The Conference will take place in Paphos between 17

Cyprus pays respects to former FM

Cyprus former Foreign Minister Alecos Michaelides passed away Sunday morning at Paphos Hospital. Michaelides was born in 1933. He studied Economics in the UK. In 1997, he was elected President of the

Plus Hellas to be acquired

AB Vassilopoulos agreed to acquire the discount store chain Plus Hellas for EUR 69.5mln, according to Greek press reports. Plus Hellas, a subsidiary of the German group Tengelmann, operates 33 stores, with

Finansbank to expand branch network

Finansbank, the Turkish bank owned by the National Bank of Greece aims to increase the number of its branches by 85 to 485 in 2008 and increase the number of its employees

Moody’s upgrades Cyprus

Moody’s Investors Service upgraded the foreign and local currency government bond ratings of Cyprus to Aa3 from A1. The outlook on these ratings was changed to stable from positive. Following Cyprus’ entry

Acting Head of EC Representation in Cyprus

As of January 1,2008 Ms Klimentini Diakomanoli – Papadaki is Acting Head of Representation after Themis Themistocleous resigned from his post to become the Managing Director of the Cyprus Broadcasting Corporation. Ms

Cyprus Airways in groundhandling deal

Cyprus Airways Public Limited announced the signing of an agreement on January 4, 2008 with Swissport G.A.P Vassilopoulos (Cyprus) Ltd for a joint venture in ground handling at Larnaca and Paphos airports.

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