Disgruntled shareholders of Laiki Bank (CPB) who are opposed to the merger got a poor reception when they gathered at the Hilton Friday afternoon, not only because of the few number of people attending the meeting, but also because their arguments against the merger were not convincing. Nicosia Hilton’s Ballroom A was near empty if
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By introducing three new 2.0 speaker sets and modernizing a number of existing models, Trust has updated its entire range of compact speakers. It has introduced three new compact PC speaker sets so that users can enjoy good sound quality without the speakers taking up too much (desktop) space. Three existing models — the Trust
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Ericsson and T-Mobile Czech Republic have signed a frame agreement for the supply of MINI-LINK microwave transmission solution, providing a platform for flexible, scalable and cost-effective wireless transmission. Ericsson’s microwave transmission solution will enable T-Mobile to offer Czech consumers a wide range of services and to meet the demand for network capacity driven by the
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Nokia is supporting Vodafone Australia’s launch of its updated 3G broadband network in Australia with world leading High Speed Downlink Packet Access (HSDPA) technology. Vodafone will offer its customers data services at speeds of up to four times faster than current 3G speeds. “Our current strategy is simple – provide high-speed, mobile broadband coverage where
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Banks to lose CYP 30-35 mln  The campaign to adopt the euro on January 1, 2008 is headed for trouble following serious concerns among Cypriots that it will lead to rampant over-charging, and the fact that the national coordination committee charged with preparing a smooth transition has not yet come up with a plan
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Intercollege forecast for 3Q and 4Q Â The Cyprus economy is expected to grow at an annual rate of 3.06%, according to a statistical model developed by the Intercollege School of Business Forecasting Group. GDP for 2006 is expected to rise to CYP 7.98 bln, at current prices, from CYP 7.74 bln last year, the
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By Ali Erel President, Cyprus-EU Association  The progress report on Turkey’s negotiations with the EU will be public beginning of November. Despite all the warnings from the EU institutions, Turkey has not yet fulfilled her obligations under the Customs Union Agreement. To avoid a possible “early train crash” with Turkey, Finland, current holder of
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In its annual report on Egypt, Moody’s Investors Service says its government bond ratings reflect the challenge of continuing to implement structural reforms while controlling social discontent and reining in fiscal profligacy. Egypt‘s government bond ratings are Baa3 with a negative outlook in local currency and Ba1 with a stable outlook for foreign currency bonds.
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Oil ministers are at odds over whether to cut production by 1 mln barrels a day to stabilise falling oil prices — as announced two weeks ago – from quotas or from actual output. Proposals for the 1 mln bpd cut had broad support from within the Organisation of Petroleum Exporting Countries (OPEC). But consensus
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You can now change the colour of your headset whenever you want it to match your outfit or your mood thanks to the exchangeable coloured inlays of the Trust MultiColour Headset HS-2250. This is a trendy headset with exchangeable inlays in four different colours: chrome, pink, blue and white to match your clothes, watch, necklace, bracelet,
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