COMMENT: Cyprus CTO needs a boss… now!

The Cyprus Tourism Organisation has been running on thin air for quite a while and has remained inexplicably headless for too long. The past and present government-appointed boards seem to be unable

Hungary’s sovereign rating on negative outlook

Capital Intelligence, the international emerging markets rating agency, has assigned a negative outlook to Hungary’s long-term foreign currency rating of A- (A minus) following concerns about the deterioration in the country’s fiscal

Industry report shows importance of food and bevs

The Cyprus Statistical Service has announced that it has published the annual report “Industrial Statistics 2005”. The report provides detailed statistical data on the developments in the broad industrial sector covering manufacturing,

Banks’ boards set for sweeping changes

The ‘wind of change’ that swept through the Bank of Cyprus Pcl board leading to the resignation of three directors and the Chairman relinquishing his position is expected to sweep through other

Where Did Market Volatility Go?

By Kenneth Rogoff Television and newspapers continue to trumpet every twist and turn of global financial markets. In truth, however, the big story is the uneerie calm that has engulfed virtually every