Standard & Poor’s Ratings Services said it affirmed its ‘BBB/A-3’ foreign currency and ‘BBB+/A-2’ local currency sovereign credit ratings on the Republic of Croatia. The outlook is stable. “The ratings on Croatia
The European Commission adopted today a proposal to launch the new generation of the Erasmus Mundus programme for the period 2009-13. Erasmus Mundus started in 2004 to promote European higher education as
During the last AGM of the Cyprus International Banks Association, its President, Marios Paraskevas, the Head of Operational Assurance at Barclays Bank PLC, Cyprus, announced some initiatives for the benefit of the
Euro zone GDP growth grew 0.7% in the first quarter from the fourth quarter, and was up 3.1% year-on-year, EU statistics office Eurostat said. The figures show an upward revision to provisional
Fitch Ratings announced that Cyprus‘s Long-term foreign currency Issuer Default Rating (“FCIDR”) has been upgraded to ‘AA-‘ (AA minus) from ‘A+’. Fitch also revised Cyprus‘ local currency IDR to ‘AA-‘ from ‘AA’.
The Cyprus Securities and Exchange Commission approved the Public Offer document made by Cyprus Trading Corporation (CTC) seeking to acquire a minimum 50% plus one share and a maximum 100% of the
Andreas Constantinou, a major shareholder with a 35% stake in Constantinou Bros Hotels Pcl (CBH) has submitted a Public Offer to acquire a minimum 50% plus one share and a maximum 100%
Cyprus Finance Minister Michalis Sarris and Slovenia’s former Central Bank Governor Mitja Gaspari discussed the experience of Slovenia as regards the adoption of the Euro.Cyprus along with Malta will adopt the euro
Cyprus House plenary approved a legislation which legitimizes those who declare themselves to be conscientious objectors and provides for the obligation of an alternative service of 30 months for those who are
Options Cassoulides Plc (OPT) issued a negative profit warning indicating that its first half 2007 results will be materially lower compared to the net profit of EUR1.5 mln reported in the same
