Dollar sinks to record low against euro

The dollar fell to a record low below $1.40 against the euro on Thursday, in a delayed reaction to last Tuesday’s more-than expected half a percent cut in US interest rates. The

Marfin sells Bank of Cyprus shares

Marfin Popular Bank announced that it has sold 1.527.066 shares of Bank of Cyprus through the Athens Stock Exchange at an average price of EUR 12.30, reducing its stake in the Bank