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A joint effort between RSA Security, the expert in protecting online identities and digital assets, and Panda Software, has detected and neutralised a sophisticated online fraud attack. The companies worked together to

— New coins and notes to cost CYP 15 mln/EUR 25.7 mln Cyprus expects to break even or make a small profit from the changeover to the euro as of January 1,

Central Bank of Cyprus Governor Christodoulos Christodoulou called for an overhaul on public finances and for a fundamental modernisation and structural changes in the Cypriot economy. At the same time, he said

Piraeus Bank of Greece has appeared out of the blue as one of the largest shareholders of Bank of Cyprus Group Pcl (BOC), the island’s largest financial institution, according to the BOC

The Cyprus Stock Exchange announced that the titles of Global Consolidator Pcl (GLC) will continue trading in the Special Trading Category due to the uncertainty for its viability, as announced in the

The euro remains under pressure and a move towards the 1.2510 level cannot be ruled out. Near-term USD support should continue especially with Fed officials talking tough on inflation. This puts the

A sharp jump in imports during the first four months of the year helped push the trade deficit up by 15.88% year-on-year to CYP 799.85 mln from CYP 690.26 mln a year