The Greek American community will organise various events to mark the 35th anniversary of the Turkish invasion of Cyprus and condemn Turkey’s continuing illegal occupation of the island’s northern part. On Sunday, July 19, Archbishop Demetrios will conduct a memorial service for the victims of the July 1974 military coup against the government of the
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British MPs, who participated in a meeting in London on the Cyprus problem, expressed their full support to the stance of the Greek Cypriot side in talks for a Cyprus settlement. They also deplored Turkey's stance, noting that the key to a solution lies with Ankara and that Britain and the US can and must
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Banks who don't comply with what will be the toughest remuneration regime in the world face big trouble, the author of a British government-sponsored review said on Thursday. The worst financial crisis since the 1930s forced Britain to tap 1.3 trillion pounds of taxpayer money to nationalise two banks, Northern Rock and Bradford & Bingley,
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Britain's top share index edged down in choppy trade on Thursday after hefty gains in the previous session, with investors focused on U.S. earnings later in the day to provide fresh clues on the health of global firms. By 0824 GMT, the FTSE 100 was 0.2 percent lower, down 8.35 points at 4338.11, after closing
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Tax revenue during the first half of 2009 fell by 10.6% year-on-year to EUR 710.9 mln from EUR 795.2 mln a year ago in the same period following a plunge in revenue from property sales according to the Inland Revenue Department. Capital Gains Tax on property sales slumped by 80.7% yoy to EUR 37.0 mln
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The CySEC has approved the prospectus for the mandatory Public Offer made to Empire Capital Investments Public Ltd (EMP) shareholders by Optagius Ltd, Stario Portfolio Investments Public Co Ltd, Yiannos Cassoulides, Alexis Charalambides and Michael Ioannou who together hold 52.32% of EMP’s issued share capital. The offer is at the price of EUR0.62 per share.
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Asian shares jumped on Thursday, buoyed by strong U.S. earnings and increasing global recovery hopes after China's economy grew faster than forecast in the second quarter. But the New Zealand dollar fell after rating agency Fitch revised the outlook on New Zealand's AA-plus long-term credit rating to negative, sending the kiwi down against both the
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China's growth rate shot up in the second quarter on the back of a surge in state spending and bank lending, boosting hopes the biggest emerging economy will lead the way out of the worst global downturn since the 1930s. A slew of accompanying data for June depicted an economy successfully making up for a
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The average annual inflation of the Euro area in June was negative for the first time since its establishment, according to the final figures presented Wednesday by Eurostat, the Statistical Office of the European Communities. In Cyprus, inflation dropped to 0.1% from 0,5 in May, while in Greece it remained stable at 0,7%. In particular,
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The Athens Stock Exchange on Wednesday announced it would launch its fourth Annual Roadshow of Greek enterprises in London, October 1-2. This year’s roadshow will include companies listed in the FTSE 20 and FTSE Liquid Mid indexes, accounting for almost 80 pct of the Greek market’s capitalization. The 27 companies to participate in the roadshow
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