The Securities & Exchange Commission approved the application filed by Bank of Cyprus Public Co. Ltd. to proceed with the publication of its prospectus for the rights issue, aiming to raise CYP
Bank of Cyprus announced that following the green-light from the SEC regarding its rights issue, the following timetable will aplly. BOC made particular mention that the prospectus is not for release in
The Cyprus government announced a package of measures Friday, totalling CYP 102 mln (EUR 175 mln) in the form of state aid to low- and middle-income families. President Tassos Papadopoulos said that
Passengers from two inbound flights were forced to disembark in the middle of the Larnaca airport runway Friday, when airport workers staged an impromptu strike at 1pm local time (1000 GMT). Police
The Monetary Policy Committee of the Central Bank voted 3-2 to keep interest rates stable during its routine meeting on Friday. According to Central Bank Governor Christodoulos Christodoulou, 3 members voted to
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
The President of the European People’s Party (EPP) Wilfred Martens urged local leaders in Nicosia yesterday to find the political will for a solution, saying that it is not only the international
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 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
