The German EU Presidency reaffirmed that the decision regarding the Republic of Cyprus’ accession to the Eurozone will be based on the same criteria that had been applied to all countries. A
The outgoing Governor of the Cyprus Central Bank, Christodoulos Christodoulou called on all political parties, the government and social groups for spending restraint ahead of next year’s presidential elections, stating firmly and
Moody’s Investors Service revised higher the rating results for banks in Cyprus as part of the application of its refined joint default analysis (JDA) and updated bank financial strength rating (BFSR) methodologies.
Troilos KEPEY has been ordered to cease operations by the Cyprus Securities & Exchange Commission and its file forwarded to the Attorney General. The company, owned by the former General Manager of
Citigroup has placed Bank of Cyprus shares among its top picks with a price target of EUR 15.5 and a buy medium risk recommendation. Citigroup notes that Bank of Cyprus is recording
Marfin Popular Bank has set as top priority its expansion into the markets of Russia and Bulgaria in tandem with higher forecasts to be revised higher in its business plan, said Deputy
Bank of Cyprus Group expects to receive the final green-light from the Russian authorities within a month before proceeding to commence full banking operations in Russia, while at the same time rejecting
Lycos Europe N.V., one of Europe‘s leading internet portals and online advertisers, today announced its results for the first quarter. It reported a net profit of EUR 7.6 million in the first
Panda Software has launched a new Vista-compatible version of Panda Antivirus+Firewall 2007. This version includes a new system for blocking malicious URLs and a specially-designed tool for stopping malware that uses rootkit
Motorola, Inc. and Terayon Communication Systems, Inc. announced that the two companies have signed a definitive merger agreement, under which Motorola will acquire all of the outstanding shares of Terayon’s common stock
