Marfin Popular Bank has revised lower its profit target for 2007 but adjusted higher the profit targets for 2008 and 2009. During a conference call held with analysts, Marfin CEO Andreas Vgenopoulos
Truck drivers decided to extend their strike action for another 48-hours and enforced a total blockage of Limassol port barring the public from using the port. Port sources said that thousands of
Cyprus President Tassos Papadopoulos said that all economic indicators suggest that there will be no devaluation of the Cyprus pound when the country adopts the euro, as expected in January 2008.“All indications
… CTC-ARI new rising star Cyprus Trading Corporation Public Ltd., mostly known for its retail and distribution activities, has become a major investor in a number of key sectors. This activity of
…Greek investors chase Cyprus banks, companies Mergers and acquisitions involving Cypriot companies reached a record CYP 1.69 bln, or EUR 2.94 bln in 2006 amid an unprecedented wave of intense activity in
…calls on Marfin to prove its case by Wednesday  The Cyprus Securities & Exchange Commission has ruled that the intention by Marfin Popular Bank to submit takeover bids seeking control of
Cypriot Foreign Minister George Lillikas has said that the Turkish Cypriot side has to demonstrate the necessary good will that would lead to the lifting of those obstacles, concerning security matters, that
Output of construction slipped year on year in the third quarter of 2006, recording a decline of 1.1% compared with the same period of 2005. However, for the first three quarters of
As part of its campaign ‘Help – for a life without tobacco’, the European Commission presented a new anti-smoking advert which will air from 15 January on 80 television channels in 22
Cypriot tennis player Marcos Baghdatis won his opening match at the Australian Open, beating German Rainer Schuettler 3-1 set.Last year’s Australian Open finalist Marcos Baghdatis, 11th seed, eliminated the 2003 finalist Rainer
