Multichoice to sue LTV

Multichoice Hellas announced that it will sue LTV for suspending the transmission of its content to NOVA Cyrus subscribers, insisting that it gave every opportunity to LTV to comply with their binding

Lazarides departs from Laiki

…Marfin says he agreed on policy Kikis N. Lazarides tendered his immediate resignation from the Laiki Bank Board, effective July 17 citing a policy row with the major shareholders, namely Marfin and

Mariinsky to stage Verdi opera in Cyprus

— Paphos company breaks even with CYP 470,000 budget The world-famous Mariinsky theatre company from St. Petersburg will stage Giuseppe Verdi’s opera “Un Ballo in Maschera” during a three-day festival in Paphos

Eurocypria takeover approved

The House of Representatives approved the relevant Draft Law for the acquisition of the Cyprus Airways subsidiary airline, Eurocypria, by the Cyprus Government. The consideration for the acquisition amounts to CYP 13.425