ECOFIN to lock Cyprus pound with euro

Cypriot Minister of Finance Michalis Sarris departed on Monday for Brussels to participate in Tuesday’s ECOFIN, which will fix the irrevocable exchange rate of the Cyprus pound against the euro. The decision

AXA, ING Alpha Bank among top UBS picks

During June, the unexpected rise in bond yields affected European Financials more than other interest rate-sensitive sectors. Despite a partial recovery in longdated bond yields, Financials continue to lag behind the market.

Bank of Cyprus lists new shares

As a result of the reinvestment of dividends paid on 26 June 2007, 3.770.158 new ordinary shares of a nominal value of CYP0,50 each were issued by Bank of Cyprus Public Company