Mellon Transaction Solutions (MTS), member of Mellon Group of Companies of Greece and a leading provider of processing services in Serbia since 2001, announced that the migration of its processing operations to
— Advances up 21%, deposits surge 21% to CYP 20 bln  Cypriots have gone on a massive borrowing spree encouraged by easy and flexible loan products from the commercial banks with
Austrian Airlines will add three extra night-flights to the existing daily services to Vienna this summer. The ten weekly flights from Larnaca to Vienna are the most ever in the airline’s 30-year
It is not unusual for a single-operator sector of the economy to have a regulator in order to ensure that consumer rights are protected and the taxpayers’ money is not squandered, while
By Michael S. Olympios Chief Consultant Allied Business Consultants  As the annual general meetings’ season close nearer some shareholders are getting busy. In the past, dominant CEO’s were running the show
By Dr. Jim Leontiades Cyprus International Institute of Management  The conflict between the National Bank of Greece and the Bank Employees Union (ETYK) dramatises the opening of a new era in
Cyprus Finance Minister Michalis Sarris expressed satisfaction over European Commission’s decision to recommend the accession of Cyprus to the European Monetary Union (EMU) on January 1 2008.Sarris was speaking after EU Commissioner
The Cypriot government is committed to social grants to help low income families, in response to the self-restraint and the responsible behaviour working people have shown in the overall effort to meet
Marfin Investment Group (MIG), formerly known as Marfin Financial Group, announced details of its proposed rights issue to raise up to EUR5.19 bln, which will be used for investments in south east
Standard & Poor’s Ratings Services said that the European Commission’s and the European Central Bank’s proposal to the EU Council that the Republic of Cyprus (A/Positive/A-1) and the Republic of Malta (A/Stable/A-1)
