Blog - Page 4737

Cypriot FM to visit Estonia and Slovakia

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Cypriot Foreign Minister George Lillikas will go to Estonia on Wednesday from Norway for a one-day working visit. During his visit, Lillikas will be received by President Arnold Ruutel and will have talks with his counterpart Urmas Paet. Among the issues which will be examined are Euro-Turkish relations, the future of Europe and other issues

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OPAP calls for Internet gambling ban

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OPAP, the state-owned Greek betting and gaming company stated that the company will inform the MoF and the ministry of sports to adopt similar measures as those adopted by the US congress in order to ban payments to online gaming companies. OPAP’s CEO stated that the passage of the law by the US congress is

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Rates set to rise 75bps by March ’07

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Cyprus interest rates are forecast to rise by 75 basis points by March 2007 according to the Economist Intelligence Unit Country Report update for October, while the GDP growth rate has also been revised higher. After a long pause, interest rates are expected to continue rising. The Central Bank of Cyprus raised rates on September

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New plan for shopping hours next week

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Labour Minister Antonis Vassiliou said that he is ready to submit a “fair yet radical” bill of legislation to regulate shopping hours and types of stores some time next week. He said that he will submit the document to the Council of Ministers and if approved will be sent to the House Trade Committee for

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Effects of globalization on Europe

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The European Commission delegation in Cyprus and the office of the European Parliament are organising an open discussion with civil society in Limassol on Thursday, October 5, at pm, where the main topic will be “Globalisation and how we deal with the effects in Europe.” The event is being organised in cooperation with the Limassol

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Sharelink seminar on investments after CSE/ASE Common Platform

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Sharelink Securities and Financial Services (SSFS) is organising an investment briefing on “Prospects after the CSE/ASE Common Platform” that will be held today, Wednesday, at the International Conference Centre, Nicosia at 6pm. The seminar will start with short speeches by Christodoulos Ellinas (President SFS Group and KEPEY Association) and CSE Chairman Akis Cleanthous. Four speakers

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Laiki touches CYP 3.00 backed by Marfin

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Laiki Bank (CPB) shares powered ahead on Wednesday on the CSE touching the psychological level of CYP 3.00 for the first time in many months, backed by steady buying interest from Marfin Financial Group. CPB shares touched the CYP 3.00 level in intra-day trading, only to close at CYP 2.99 for a 1.35% gain on

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