Oracle Hellas announced that Vassilis Demopoulos has been promoted to Vice President responsible for the Greek cluster that includes Greece, Cyprus, Malta, Albania, Kosovo and FYROM.  “Our excellent performance in the past
The Cyprus Government submitted the Stability Programme 2008-2011 (SP) to the European Commission (EC). According to the SP, the Government’s macroeconomic policy aims to continue the successful implementation of the fiscal policies
The Norges Bank decided to raise the official interest rate by 25bps to 5.25% at Wednesday’s monetary policy meeting. The move was in line with the indications from the October Monetary Policy
China Mobile Group Beijing Ltd. (CMBJ) has selected Nokia Siemens Networks to expand its General Packet Radio Services (GPRS) core network. The solution will enable CMBJ to increase its packet core network
Epson has announced the Middle East launch of the Perfection V500 Photo scanner, designed to meet the needs of the advanced amateur photographer. It is the first Charged-Coupled Device (CCD) scanner to
Higher foreigners employed than expected  The reported real GDP growth rate for Cyprus in the third quarter of 2007 was revised up to 4.6% over the year-earlier period compared with a
Standard & Poor’s Ratings Services said that its ratings and outlook on Hellenic Telecommunications Organization S.A. (OTE; BBB+/Negative/A-2) are unaffected by the increasingly vocal role being taken by Greek investment holding company
Signs of weaker construction activity One in four employed are non-Cypriots  The reported real GDP growth rate for Cyprus in the third quarter of 2007 was revised up to 4.6% over
Registrations of motor vehicles in Cyprus still sharply one year after the cut in car tax, rising by by 26.7% year on year in November 2007 to reach 5,182. For the period
Overall, 2007 has been a good year for commodities. However, base metals have performed weakly, with lead virtually the lone star performer. For 2008, Andreas Hoefert Analyst, UBS Financial Services expects base
