Nikiforos manoeuvre completed successfully

Cyprus National Guard remains a modern, strong, flexible and deterrent force, Cyprus Defence Minister Christodoulos Pashiardes said Saturday, after watching the last and main phase of “Nikiforos” military manoeuvre, held October 9-14.

Cyprus GDP growth target revised higher

The Ministry of Finance (MoF) has revised higher the GDP growth target for 2007 to 4.2% from 4.0% previously forecast but maintains the 2008 target at 4.0%, while inflation is expected at

Gold: the rise of the anti-asset

Like the phoenix, gold has risen from its ashes where it was buried for most of the 1980s and 1990s. Since January 2000 it has provided an astonishing 13% return per year

Don’t get burned twice on AUD and NZD

AUDUSD and NZDUSD have fully recovered from the 10% to 15% August sell-off of high-yielding currencies. The trigger for this recovery has been broad USD weakness and increasing risk appetite. Following the

Sea Star to list 133.57m rights

The CSE Council announced that it has accepted the listing of 133,571,429 nil-paid rights of Sea Star Capital Plc. The nil-paid rights were allocated in the ratio of 1 Right per share.

Ermes subsidiary expands into Crete

Ermes Department Stores Plc announced that its subsidiary in Greece, Fashionlink SA, has signed a long-term lease agreement, for the opening of two new stores in Talos shopping centre, which is currently