CSE keeps NMT in Special Category

The CSE decided to keep the title of New Marathon Tours Public Co Ltd. in its Special Category despite the fact that the company finally released its final accounts for 2005. The

Laiki buys Nicosia HSBC ops

The Cyprus Popular Bank Public Company Ltd (Laiki Bank) announced that it has entered into an agreement to purchase certain of the assets and liabilities of the Nicosia Branch of HSBC Bank

Moller in New York for contacts re Cyprus

The Special Representative in Cyprus of the UN Secretary-General, Michael Moller, is in New York to attend the annual meeting between the Secretary-General Kofi Annan and the Heads of UN Peacekeeping Missions.

Fiscal recovery continues

…Oil at $80 will force growth to 3-3.5% The Cyprus economy is on track for another impressive year of growth in 2006 with inflation under control and the fiscal deficit declining according

BOC profits surge 132%

…Profit target for 2006 raised Bank of Cyprus Group beat market expectations by a wide margin and delivered a fantastic set of first quarter results, lifting net profits by a whopping 132%