The banking system in the Republic of Serbia (BB-/Stable/B) is considered to be riskier than its neighboring countries, the Republic of Bulgaria (BBB+/Stable/A-2) and the Republic of Croatia (foreign currency, BBB/Stable/A-3; local
The Cyprus Council of Ministers approved the Draft 2008 State Budget, which will be submitted to the House of Representatives for a final approval before the end of 2007. The Draft 2008
Nonfarm payrolls unexpectedlyfell by 4.000 in August as opposed to expectations for a 108.000 growth raising the prospect of a rate cut by the FOMC on September 18, 2007, which sent the
Andy Panayiotou, chairman of the multinational property company the Ability Group, is now enjoying the fruits of his labour with the construction of the UK‘s most expensive private residence, costing anything up
President of the Competition Protection Committee (CPC) George Christophides submitted his resignation to the Council of Ministers on Wednesday. Government Spokesman Vassilis Palmas told reporters after the meeting that the Council of
Customers of CTC-ARI Airports in Larnaca and Paphos International Airports will be able to take advantage of the locked euro exchange rate. The airport retailer has taken the bold step of effectively
The Cyprus Inland Revenue Department (IRD) announced that total revenue during the period January –July 2007 increased by 48.9% YoY to CYP 591.5 mln or EUR 1 bln on the back of
…reiterates buy ratings on Bank of Cyprus and Hellenic  After spending two days in Cyprus meeting senior executives at the Cypriot banks, real estate developers and the Church, Citigroup analysts came
Consumer price inflation in Cyprus inched up in August to record 2.47% over the same month of the previous year in August, compared with 2.43% in July. This was the highest rate
The European Central Bank (ECB) left its key borrowing rate unchanged after injecting billions of more euros into the banking system to ease the credit crunch, which has seen short term bank
