Cyprus trade deficit widens to CYP 1.4 bln in H1

The Statistical Service of Cyprus has published the detailed monthly report entitled “Intra-Extra E.U Trade Statistics (Summarised Data)” for June 2007. Total imports/arrivals (covering total imports from third countries and arrivals from

Cyprus Social Fund stays away from CSE

The Cyprus State-owned and managed Social Insurance Fund, which probably has the lowest return on investment of less than 4% is free to make its own investment decisions, including its insistence to

Ericsson showcases live optical interoperability in Berlin

Ericsson announced that it has successfully participated in a real-time, global, network-interoperability demonstration in Berlin at ECOC07, Europe‘s largest optical communications event. Carried out in conjunction with the Optical Internetworking Forum (OIF),

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.