Cyprus IBU loans reach $6.5 bln

International Banking Units (IBUs) based in Cyprus saw a $119 mln decline in advances to customers to $6.58 bln until June 2006, according to the Monetary Survey of the Cyprus Central Bank,

UN to station Lebanon peace keepers in Cyprus

The United Nations plans to establish a command centre in Cyprus for peace keepers to serve in Lebanon, Foreign Minister George Lillykas said Thursday. The Cypriot official said prior to his departure

Cyprus Airways pilots back down

Cyprus Airways (CAIR) pilots decided Tuesday to call off their strike measures set for August 25 and 26. Polis Economou, the Chairman of the Pancyprian Union of Pilots (PASIPY) told CNA that

OpenOffice hits back at viral risk claims

OpenOffice.org has hit back at claims that its applications are riddled with security holes, The Register reports. Researchers at the French Ministry of Defense say that OpenOffice is subject to security weaknesses