Barroso speech on EU maritime policy

Maritime Policy ConferenceBremen, 2 May 2007 Chancellor, Ministers, Ladies and gentlemen, Let me start by thanking you for inviting me to address you today. I am pleased to see, from the wide

Fitch lifts Cyprus bank ratings

Fitch Ratings, the rating agency states that all the three major Cyprus banks have significantly enhanced their profitability and asset quality in 2006 although challenges remain in sustaining their improvement. According to

Euro-area growth at fastest since 2000

Over the last twelve months, the euro-area economy has gone from strength to strength. The euro-area grew by 2.7% in 2006, its fastest growth rate since 2000, and well-above its long-term average.

Bank of Cyprus calls for Marfin rejection

Bank of Cyprus Pcl (BOC) has called on its shareholders attending the Annual General Meeting to reject the proposal submitted by Marfin for cooperation. Bank of Cyprus has been obliged, following court