Foreign deposits surge to CYP 5.2 bln

Foreigners or non-residents increased their total deposits with local banks to CYP 5.24 bln end of June 2005, which represents a gain of CYP 174 mln since June 2004, while since the

IBU deposits at $3.9 bln

International Banking Units operating in Cyprus had USD 3.9 bln in deposits by end of May 2005 for a 6.4% year-on-year gain on May 2004 figures, while since the start of the

Cyprus and Britain agree on economic issues

Cyprus and Britain agree in many issues concerning the economic development of the European Union, Cypriot Minister of Labour and Social Insurance Christos Taliadoros and British High Commissioner to Cyprus Peter Millet

T/Cypriots seeks to break property deadlock

Under pressure by Turkey and hundreds of lawsuits filed by Greek Cypriots, the Turkish Cypriot administration of Mehmet Talat is now considering a number of options, mostly suggested by Turkey to break

CHR suspended after takeover succeeds

The CSE Council ordered the suspension in trading of the titles of Chris Cash & Carry Ltd. (CHR) after Guedo Holdings Limited announcesd that the Public Offer Document submitted for the acquisition