British Minister of State for Europe Geoff Hoon has said that he made clear to Turkey that, in order to join the EU, it must accept the legal acquis, the legal basis of the Union. ”That means applying the Ankara Protocol allowing for free movement of vessels of all member states. As far as Turkey
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The new European Regulation on aviation security will come into force on Monday, November 6, 2006. This Regulation, which was adopted on 4 October 2006, is designed to protect civil aviation against the threat of home-made liquid explosives. It strictly limits the quantity of liquids that passengers can carry past screening points at airports and
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Bank of Cyprus Pcl (BOC) managed to meet and surpass the 3Q profit expectations of JP Morgan, after delivering CYP 45.15 mln in net profit against the forecast of CYP 39 mln. In a research update, JP Morgan said the better than expected results were driven by better NII CYP94 mln vs. JPM CYP 89
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The dollar climbed sharply against all the major currencies Friday after a report revealed that the US unemployment fell to a new five-year low of 4.4%, while the previous month nonfarm payroll figures were revised sharply higher. The euro fell to $1.2700 from $1.2755 before the figures were released, and was up at CHF 1.2540
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Epson has introduced its latest general purpose Stylus C79 DURABrite Ultra, four-colour inkjet printer in the Middle East, providing the region’s small and home offices with a high-performing, economical print solution. It comes with fast print speeds of up to 22 pages per minute and is the only printer in its class that offers cost-effective
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Nokia and Vodafone Australia have signed a USD 230 mln, seven-year managed services agreement that includes engineering, operations and maintenance of Vodafone’s HSDPA, 3G, GPRS and GSM networks. As part of the arrangement, Nokia will be responsible for managing Vodafone Australia’s ongoing network operations covering HSDPA, 3G, GSM and core networks infrastructure including the detailed
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PandaLabs has detected the mass-mailing of messages with lucrative job offers, aimed at recruiting ‘mules’. In Internet slang, ‘mules’ are people used to launder stolen money, mainly originating from phishing or other online fraud. In this case, the message supposedly comes from an antique shop in Poland looking for sales reps to handle transactions outside the country.
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First Cypriot issuer of US commercial paper  Kommunalkredit International Bank Ltd. (KIB) has become the first Cyprus-based bank to launch a USD 5 bln US Commercial Paper Program, the biggest ever launched here. KIB’s CEO Leopold Fischer told the Financial Mirror in an exclusive interview that the program secured a P-1 rating from Moody’s
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The publication of the latest Labour Force figures, showing that the unemployment rate fell sharply to reach 4.1% of the labour force in the second quarter of 2006, compared with 5.4% in the same period of 2005, has sparked a debate about unemployment in Cyprus, not least because of the popular belief that unemployment is
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By Dr.Jim Leontiades Cyprus International Institute of Management  It was not so long ago (last September) that I wrote an article about the “Summer Doldrums” of the CSE. After an upward surge during the Spring, there followed months of relative inactivity in share prices. The CSE appeared to be asleep. Things have certainly changed.
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