Low hopes for Cyprus breakthrough in 2006

“Greek Cypriot PR machine is failing” Elections in Cyprus in 2006 and in Turkey in 2007, a feeling on both sides that too many concessions have already been given, a political culture

Russian money transfer arrives in Cyprus

Unistream, a Moscow-based money transfer company, has applied to the Central Bank of Cyprus to obtain a license to operate a money transfer business on the island. The new company, Unistream Cyprus,

CAIR pilots to strike next week

Cyprus Airways pilots will carry out a four-hour warning strike on February 9 from 4 to 8pm, protesting outside the parliament building in Nicosia at the way the government, the airline’s board

BOC lifts targets higher

…ROE to 16% by 2008 The Board of Directors of the Bank of Cyprus Public Company Ltd reviewed the Group’s strategic plan for the three-year period 2006-2008 and based on extemely favourable

Fujitsu back in black

Fujitsu has said that it returned to the black in its third quarter with a net profit of 3.3 bln yen (US$ 28.1 mln). In the same quarter from October to December