Fitch upgrades Cyprus’ rating

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’.

CySEC approves CTC document for FWW

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

Cyprus follows Slovenia euro adoption steps

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 National Guard law amended

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 issues negative profit warning

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

Bank of Cyprus to list new shares

On Wednesday, 18 July 2007, 175.735 new ordinary shares of Bank of Cyprus Public Company Ltd will be introduced for trading on the Cyprus Stock Exchange and the Athens Exchange resulting from