Alliance Re rating affirmed

Alliance International Reinsurance Public Company Ltd (ALL) announced that A.M. Best, the international insurance rating agency, has affirmed Alliance Re’s financial strength rating (FSR) of B++ (Very Good) and the Company’s issuer

Greek state places 10.7% of OTE

The Greek government successfully placed a 10.7 percent stake in Greece’s dominant phone operator, OTE Telecom at the top of the price range. The placement referred to the sale of 52.5 mln

Cyprus retail trade up 7.2% in Q1

The Turnover Volume Index of Retail Trade for March 2007 increased by 19.8 units or 18.2% to 128.7 units compared to 108.9 in February 2007. For the period January-March 2007 the Index