CYTA & LTV fined by Competition Commission

The Cyprus Competition Commission has fined the state-owned telecom CYTA with a fine of CYP 80.000 and its digital platform content partner LTV, with a CYP 65.000 fine for violation of competition

Last minute sale hurts HB

Hellenic Bank Pcl (HB) shares nosedived 3.2% on Monday after a large 100.000 share sale at the very last minute knocked the stock from CYP 1.23 to a close of CYP 1.19

Unemployed up by 459 persons

The unemployed persons, registered at the District Labour Offices on the last day of July 2006, reached 13.117 persons compared to 12.658 persons in June 2006, an increase of 459 persons. The

Cyprus court rules against Red Arrows

A Cyprus Court on Friday awarded an 11-year-old autistic boy from Limassol 251.800 Cypriot pounds in damages against the government for suffering caused by the Red Arrows, which hold annual aerobatics exercises

BOC places 12 mln NPL shares

Bank of Cyprus Public Company Ltd announced the completion of the placement of 11.964.792 Bank of Cyprus shares, representing 2,18% of its issued share capital. The placement price was €7,05 (C£4,05) per