Standard & Poor’s Ratings Services said that it assigned its ‘B’ long-term and ‘C’ short-term counterparty credit ratings to Russian West Siberian Commercial Bank (WSCB). At the same time, the ‘ruA-‘ Russia
The four new Ministers, appointed on Friday by Cyprus President Tassos Papadopoulos were sworn in Monday, at a special ceremony at the Presidential Palace.The new Ministers, appointed after the resignation of four
ESEL – SPOLP, the operators of Coop shops in Cyprus for the past 65 years, plan to open a new E&S store in Larnaca by the end of the year, while plans
Vigorous economic growth in Western Europe has strengthened business sales and more than offset the impact of higher interest rates, giving an unexpected boost to credit quality, Moody’s Investors Service said in
By Mark Nowell, 3D Global  Educating children can be an expensive business, but, like many other financial commitments, there are real benefits in planning and saving early. People now travel all
Executives from more than 200 large organisations in Cyprus consider environmental pollution to be a serious problem and accept that there is a direct link between human activities and environmental pollution, a
Cyprus Airways has announced a reduction in the fare for the three-weekly flights to Bucharest, with the return ticket selling for CYP 110 (EUR 188) plus taxes and airport charges. The national
The Commission has published its second evaluation report on the state of transposition of the Framework Decision of 13 June 2002 on the European arrest warrant and the surrender procedures between Member States for
What is the European arrest warrant? The Framework Decision adopted by the Council on 13 June 2002 on the European arrest warrant and the surrender procedures between Member States (hereinafter called “the
If consistent, risk focused, and sufficiently detailed, the supplementary information that banks will need to provide beginning next year to meet Pillar 3 disclosure requirements under the Basel II accord should promote
