CSE dives as funds trim BOC positions

Equity prices on the Cyprus Stock Exchange (CSE) nose-dived 3% on Friday following a sharp decline witnessed in the shares of Bank of Cyprus trading in Greece. The stamepede for the exits

House protests US visit to occupied north

Acting President of the Cyprus House of Represetnatives Vasos Lyssarides has expressed the discontent and indignation of all the parliamentary parties with respect to the arrival in the Turkish occupied north, through

Turkish Cypriot coalition could take some time

Turkish Cypriots go the polls on Sunday for early parliamentary elections. But while the results will come out very quickly–as soon as Sunday night–the formation of a coalition will take rather longer.

China neutral on Cyprus

China is giving no hints about whether it is responding for the call by Cyprus President Tassos Papadopoulos for France, China and Russia to get more heavily involved in the Cyprus problem

3E bid for LB receives more backing

Two more major shareholders as well as another board member of Lanitis Bros. threw their support behind the takeover bid submitted by 3E (Cyprus) Ltd., a wholly owned subsidiary of Greek Bottling

Government approves bet tax changes

The Council of Ministers approved a draft law according to which the taxation of fixed odds bets is moved from the punter to the companies organising the bets, with the main objective

BOC is top pick for UBS

UBS, the Swiss banking giant has named Bank of Cyprus, a mid-cap bank as its top pick for 2006 with a general bullish bias for Greek banks where it expects banking sector

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