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Panos Galanos, Executive Chairman of the Hellenic Bank Group submitted his resignation from the Board and from his executive duties following a show-down with the Church. Hellenic Bank announced that Galanos will

F.W. Woolworth Cyprus Ltd. (FWW) announced its first quarter results recording a net profit of CYP 575.000, representing a decline of 33.9% year-on-year compared to a year ago. Earnings per share fell

A. Tsokkos Hotels (TSH) released its first quarter results posting a 30.4% year-on-year decrease in revenues to CYP 1.13 mln, primarily due to lower revenues received from local operations as fewer hotel

The euro slid further against the dollar on Monday in Asia, following the rejection by French voters of the EU Constitution. In a high turnout, 55% of French voters rejected a European

Bank of Cyprus Pcl (BOC) and Laiki Bank Pcl (CPB) jointly announced that they have reached a deal with Aspis Pronia, the Greek insurance company for the sale of their stake in