Ethniki takes union to court

The National Bank of Greece in Cyprus has decided to take legal action against bank employees union ETYK over the two-week strike that has paralysed the bank. Ethniki Cyprus will sue ETYK

SFS Weekly Report: CSE rallies sharply

The CSE Main Market Index closed the week at 4859.79, 7.5% higher than the previous week’s close of 4518.83, mainly driven by the performance of the heavy-weight banking sector stocks. Open attachment

CFA Cyprus: CEO Incentives and Earnings Management

Written by Daniel Bergstresser and Thomas Philippon Summarized by William A. Trent, CFA Edited by Constantinos Papanastasiou, CFA    President, CFA Society of Cyprus The authors provide evidence that increased sensitivity of CEO

Motorola lets the music play tith new ROKR

Motorola, Inc. announced its new ROKR brand of music-optimized headsets and handsets, highlighted by the powerful ROKR Z6, which is expected to hit stores in May.  Further delivering the best music experience

Cyprus records surplus in 1Q07

The Statistical Service announced that on the basis of the preliminary data on the General Government accounts for the period January-March 2007, total revenue amounted to CYP938.4 mln (24.3% increase compare to