The national consumer price inflation rate rose to 2.25% in January, compared with January 2005, after rising by 1.99% in December. Compared with the previous month, however, the CPI fell by 1.79%.
The Central Bank of Cyprus announced that during the auction conducted on February 2, 2006 for the acceptance of deposits of 14-day duration, bids amounting to CYP 544.0 million were submitted, and
The Republic of Cyprus named the the Cyclamen cyprium (Cyprus cyclamen) as the national plant at a cabinet meeting on Wednesday chaired by President Tassos Papadopoulos. Quercus alnifolia (Golden Oak) was also
Cyprus enjoyed its first increase in tourism revenue for many years in 2005, with revenue reaching CYP 1,005.7 mln, or just over CYP 1 bln, compared with CYP 982 mln in 2004,
HSBC Holdings plc announced that it has reached agreement for the sale of its 21.16% shareholding in the Cyprus Popular Bank Public Company Limited, in a deal valued at CYP 110.24 mln
The Lithuanian Bankas Snoras has expressed the interest to submit a counter bid seeking 52% to 55% of the share capital of the CSE listed Universal Bank Public Co. Ltd. at the
The Lanitis family, the second largest shareholder in the Laiki Bank Group with a 8.6% stake, has welcomed the participation of the Greek Marfin Financial Group in the share capital of Laiki
