Cyprus Finance Minister Michalis Sarris and Slovenia’s former Central Bank Governor Mitja Gaspari discussed the experience of Slovenia as regards the adoption of the Euro.Cyprus along with Malta will adopt the euro
Options Cassoulides Plc (OPT) issued a negative profit warning indicating that its first half 2007 results will be materially lower compared to the net profit of EUR1.5 mln reported in the same
On Wednesday, 18 July 2007, 175.735 new ordinary shares of Bank of Cyprus Public Company Ltd will be introduced for trading on the Cyprus Stock Exchange and the Athens Exchange resulting from
The launch of iPhone is being exploited by cyber-crooks for financial gain. PandaLabs has uncovered a tool that controls a botnet made up of over 7,500 zombie computers infected by the Aifone.A
Although the EU’s Telecom Rules have led to significant benefits for citizens and enterprises alike, important challenges remain for national and European regulators, says a report published by the Commission today. The
Moody’s Investors Service upgraded the long-term foreign and local currency government bond ratings and the long-term country ceilings for foreign currency bank deposits of Cyprus (to A1 from A2). A Moody’s press
Cyprus Trading Corporation Plc released its 1Q07 results with Net Profit after Minority Interest reaching CYP 867k (+45.6% YoY), 5.7%. The negative contribution of Minority Interest, however, decreased bottom line profitability by
The Cyprus Stock Exchange index broke through the 5000 level for the first time in seven years, closing Thursday at 5024.35 points, up 2.92% on the day and about 30% higher since
Options Cassoulides Plc announced that its subsidiary, A.G. Franchise Development Ltd reached a final agreement with Smartroot Ltd for the sale of 51% of the share capital of the Greek company Polychromo
Ericsson and the Cyprus Telecommunications Authority (CYTA), the leading telecom operator in Cyprus, have signed a contract for a Fiber-To-The-Home (FTTH) network based on Ericsson’s GPON (Gigabit Passive Optical Network) solution. Government-owned
