Inflation rises to 3% in October 2007

Inflation in Cyprus reached 3% in October 2007 by comparison to 2.6% in September of this year and 1,4% in October 2006. Cyprus Statistical Service (CyStat) announced here today that the Consumer

New auditor at Bank of Cyprus

Bank of Cyprus Group Pcl announced that effective 1 November 2007, Panayiotis Kanaris, who started his career with Bank of Cyprus in 1971, retires from the position of Group Auditor General. Constantinos

Logicom to list 61.7m rights

The CSE Council announced that it has accepted the listing of 61,733,000 nil-paid rights of Logicom Public Ltd, pursuant to Article 58(I) of the CSE Law. The nil-paid rights were allocated to

Marfin clarifies on MIG and Dubai trades

In reply to a relevant question by the Hellenic Capital Market Commission, «Marfin Popular Bank Public Co Ltd» (ΜΡΒ) announces that it obviously was informed by «DUBAI FINANCIAL GROUP LLC» regarding its

Sea Star to sell Megabet for EUR10 mln

Sea Star Capital Plc announced that at the meeting held on October 31, 2007, the Board of Directors decided to sell 100% of its stake in the subsidiary Megabet Limited (under which

Finotec Daily FX commentary

The Dollar Drops to Records Low After the Fed Cut By Sagiv Perez 01 November 2007 Finotec       EUR/USD USD/JPY GBP/USD USD/CHF Resistance 1.46001.45351.4505 116.20115.80115.70 2.100002.09552.0850 1.17351.16701.1640 Support 1.44601.44151.4375 114.40114.00113.75

NBG ready to boost business in Cyprus

National Bank of Greece (NBG, or better known as Ethniki) is ready to embark on a new dynamic growth path following its recent restructuring in Cyprus, said Alexandros Tourkolias, Chairman of the

Hadjiioannou Farm returns to Alternative Market

The CSE Council decided to transfer the titles of “Renos Hadjiioannou Farm Public Company Ltd” from the Special Category Market to the Alternative Market, pursuant to Paragraph 2.2.5 of KPD 596/2005, which