Lemissoler Shipping joins with Bahrain investors

SFS Group Public Company Limited announced that its subsidiary Lemissoler Shipping Group PCL, has sold five subsidiary companies, owners of five paper carriers, to the newly established company Lemissoler Maritime Company W.L.L.

ECB leaves rates at 4 pct

The European Central Bank kept interest rates at 4.0 percent on Thursday as expected, as risks to economic growth are not yet big enough to overshadow the Governing Council’s worries about inflation.

Cyprus Inflation at 4.9% in February 2008

Inflation in Cyprus reached 4.9% in February 2008, compared to 1.5% recorded in February 2007. According to figures released by the Cyprus statistical service (CyStat), for the period January-February 2008, the Consumer