…state finances improve as revenue jumps 7% Â State finances improved in the first nine months of the year, recording a surplus of CYP 3 mln in the January-September 2006 period compared
Laiki Bank and Hellenic Bank shares ended Tuesday at fresh record highs, while Bank of Cyprus managed to stay well bid as the CSE GENX ended with small losses at 3758.43 points
Total exports fell by 6.4% year on year to CYP 469.3 mln in the first nine months of 2006 according to preliminary figures. Exports outside the EU fared better: rising by 3.5%
Motorola, Inc. and Good Technology, Inc. announced that the companies have signed a definitive agreement under which Motorola will acquire privately held Good Technology, a leader in enterprise mobile computing software and
In an effort to boost the finances of the Social Insurance Fund and ensure its survival now in jeopardy, the Labour Ministry is working on a number of options that will be
Minister of Finance Michalis Sarris has said that all financial data indicate that Cyprus will fulfill the Maastricht criteria for accession in the Eurozone on January 1st 2008. According to Sarris, the
The Board of Directors of Hellenic Bank Pcl (HB) declared an interim dividend of 2 Cyprus pound cent or 3.46 euro cents per share, its first such move during the last three
Alliance International Reinsurance Pcl (ALL) reported a sharp jump in 9M 2006 profit to EUR 1.44 mln from EUR 47k a year ago in the same period. Gross premiums written for the
The Board of Directors of Alliance International Reinsurance Pcl (ALL) decided the distribution of an interim dividend for the year 2006 at 7% on the nominal value of each share which is
The European Commission adopted a Communication setting out its agenda for revising the EU emissions trading scheme (EU ETS) in the light of experience gained since it began operating in January 2005.
