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
Nokia Siemens Networks has won a contract with Conad of Italy to manage its system and provide hosting services as the supermarket chain enters the mobile virtual network operator market at the
EuroNews has won the European Union’s call for tenders to extend its offering to include in Arabic. This new addition will be the eighth language version broadcast by EuroNews which already broadcasts
Ericsson has signed turnkey contracts as the total solution provider and prime integrator of Metropolitan Area Networks (MAN) to support the launch of seven digital cities across Greece. Under the agreements Ericsson
The Monetary Policy Committee (MPC) of the Central Bank of Cyprus (CBC) decided to leave unchanged the minimum bid rate on the main refinancing operations, the interest rate on the marginal lending
D.H. Cyprotels Plc announced that the preliminary accounts for the financial period ended 31st October 2007, will be improved compared to the preliminary accounts of the year 2006. This is mostly due
The Board of Directors of Athos Diamond Center Public Ltd examined the intention of Aspis Holdings Public Company Ltd to submit a Public Offer for the acquisition of a minimum 50% plus
