Cyprus FM holds talks in Russia

Cyprus Foreign Minister George Lillikas, on a three-day working visit to Russia, will meet today his Russian counterpart Sergey Lavrov and other Russian officials to discuss the question of Cyprus and other

Dollar pressured ahead of G7 meeting

The dollar came under broad pressure and slipped from a six-week high against the yen on Tuesday, as investors took profits ahead of a meeting of Group of Seven finance officials later

Technicals mixed on currencies

The USD may remain under pressure ahead of the release of the FOMC March 21 meeting minutes on Wednesday. The modest and temporary price action of the USD following the better than

Wholesale trade up 8.5% in 2006

For period January-December 2006 the turnover value index of wholesale trade and Commission Trade recorded an increase of 8.5% compared to the corresponding period of 2005, according to the Statistical Services. In

Internationalization of the Cypriot Banks

By Andreas Petrou Cyprus International Institute of Management   The recent developments in Cyprus banking are driven to a large extent by the banks’ desire to grow through further internationalization in the