BOC premium closes

Bank of Cyprus shares trading on the Athens Stock Exchange tumbled 2.46% on Friday to end at EUR 4.76 or CYP 2.72, essentially closing the premium at which they have been trading

Corporatisation of semi-gov’t organisations

The Minister of Finance, Michalis Sarris, announced earlier this week that a bill was being drafted to transform semi-government organisations into publicly owned companies. Although privatisation of semi-government organisations is off the

Greek President concludes official visit

Greek President Karolos Papoulias wrapped up his four-day official visit to Cyprus on Wednesday, pledging his country’s support in the struggle for a solution to the Cyprus problem. In a statement before

HVB takeover of UniCredito approved

The European Commission has cleared under the EU Merger Regulation the proposed acquisition of Bayerische Hypo- und Vereinsbank AG (“HVB”) by UniCredito Italiano S.p.A. (“UniCredito”), both of which offer a wide range

BOC hits another record

Bank of Cyprus shares continued their advance, gaining another 1.5% in Cyprus and 5.2% in Greece to fresh record highs, as the euphoria of a successful rights issue, plus bullish expectations for