UBS AG outlook revised to negative

Standard & Poor’s Ratings Services said that it revised its outlook on Swiss banking group UBS AG to negative from stable. At the same time, the ‘AA+/A-1+’ counterparty credit ratings were affirmed.

New bond issues by Cyprus government

Τhe Central Bank of Cyprus announced the issue of up to CYP15 mln Government Registered Development Stock (GRDS) with three years duration and interest of 3,75% p.a. payable every six months. Applications will

Czech, Portugal and Spain join eCall

Three more EU Member States, the Czech Republic, Portugal and Spain have signed today the eCall Memorandum of Understanding initiated by the European Commission, while the Netherlands has announced its willingness to sign

EU and all Western Balkans Countries sign visa deal

Visa facilitation and readmission agreements were signed between the EU and the Western Balkan countries of Albania, Bosnia and Herzegovina, Montenegro, Serbia and the former Yugoslav Republic of Macedonia. The agreements aim