Moody’s outlook on the Ukrainian banking system reflects the combination of two key factors: its improving financial fundamentals and its significant structural weaknesses. Although the banking sector has achieved substantial progress in
As world growth continues to slow, central banks in Europe face a difficult arbitrage between growth risks and inflation risks, says a report titled “European Economic Forecast: Europe’s Central Banks Weigh Inflation
Standard & Poor’s Ratings Services said that its ratings and outlook on Credit Suisse Group (A+/Positive/A-1), Credit Suisse (AA-/Positive/A-1+), and related entities were unaffected by the announcement of weaker earnings in the
Inflation reaches 3% in October  The consumer price inflation rate rose again in October, hitting 3% year on year for the first time in over a year, while the movement in
Ocean Tankers Holdings, the only public company quoted in the ‘Shipping’ sector of the Cyprus Stock Exchange, is planning a USD 45 mln rights issue to part fund the acquisition of eight
Cyprus ranks 55th among 131 countries according to the overall ranking in The Global Competitiveness Report 2007-2008, released by the World Economic Forum.The United States tops the overall ranking. Switzerland is in
Cyprus will have to intensify efforts to improve its competitiveness globally and within Europe in particular, after it joins the eurozone in January next year, Finance Minister Michalis Sarris said.He was commenting
Vision International People Group Public Limited has applied to the CSE requesting to shift out of the CSE Main Market to the Alternative Market, in line and according to a resolution passed
Reforms concerning Local Authorities and illegal immigration were the focus of a meeting here today between Cyprus Interior Minister Christos Patsalides and his Greek counterpart Prokopis Pavlopoulos. In statements after the meeting,
by Kyriakos Tsioupras London (CNA) – Cypriots living in Britain have sought assurances from the British government that its objective is to work for a reunited Cyprus, free of the Turkish military.