Cyprus tax revenue up 49%

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

CTC extends FWW takeover deadline

Cyprus Trading Corporation Plc (CTC) announced that it has extended the period of acceptance given to shareholders of Woolworth (Cyprus) Properties Plc (FWW) with the consent of the Securities & Exchange Commission

Central banks to decide on rates

Five central banks will decide on interest rates this week with only Sweden likely to hike rates on Friday by 25bps to 3.75%, while the Bank of Canada (BOC) and the Reserve

Moody’s says Moldova needs more reforms

In its annual report on Moldova, Moody’s Investors Service said the country’s speculative grade ratings reflect its limited economic base, the need for extensive structural reforms, and its vulnerability to energy price