The European Central Bank’s Governing Council made no change in interest rates for the 12-nation euro area at its meeting on Thursday March 3. The main refinancing rate–the minimum bid rate on
The first fundamental change to affect investors when the Cyprus Stock Exchange and the Athens Stock Exchange launch their common trading platform in the last quarter of 2005 will be the shift
The Consumer Price Index for February 2005 increased by 0,03 units or 0,03% to 118,75 units compared to 118,72 in January 2005, the Statistics Department announced. This is mainly due to increases
The Greek market was up due to banking sector strength following a good set of results, OPAP on the back of analyst target price upgrades and PPC as a result of a
King Carnival enters Limassol on Thursday night, marking a ten-day long celebration that will culminate with the grand parade on Sunday, March 13. Carnival Festivities take place 50 days before Greek Christian
Achilleas Kyprianou, the Vice President of the board of Cyprus Airways (CAIR), resigned Thursday amid the public furore over the troubled national carrier’s labour conflicts. Kyprianou, a veteran member of the board
The CSE misery has officially ended, following the announcement of the preliminary 2004 results, showing that the combined results of the listed companies is now in profit, the first time since 2000.
The Industrial Output Price Index reached 114.2 units in January 2005, using a base of 2000=100. Although the month-on-month increase was mild, at just 0.4% compared with December 2004, the year-on-year increase
