Andreas Kritiotis, the Managing Director of Eurolife, the life insurance arm of Bank of Cyprus Group has tendered in his resignation in a surprise move, which caught the Bank and employees at
Residential house price inflation in Cyprus has accelerated, rising by 9.9% compared with the year earlier in March, having risen by 9.4% in February according to the BuySell Home Price Index prepared
The Commission for the Protection of Competition (CPC) has fined the state-owned telecom CyTA the amount of CYP 22.000 for abuse of its dominant position in denying competitors access to its automated
International Factoring volume up 12%  Fresh statistics indicate that the total volume for factoring increased in 2006 by almost 12%. The world total stands now at EUR1.13 trillion, while factoring volume
The Cyprus Securities and Exchange Commission approved Hellenic Bank’s Supplementary Prospectus to issue up to CYP 12 mln 2016 Debentures (HBDF) with maturity date 1 July 2016. The issue date of the
As much as 57% of the malware in circulation reports received by PandaLabs in the last few hours have concerned Cimuz.EL. This malicious code reaches computers in stages. Firstly, a computer is infected with a
During Ericsson’s annual general meeting in Stockholm, President and CEO Carl-Henric Svanberg said that TV will be the main driver in the transformation of telecommunications networks, both in terms of capacity and
Michalis Louis, one of the top ranking and respected executives of Marfin Popular Bank has tendered in his resignation from the Group that he has served for 20 years to assume command
On the basis of the results of the Passenger Survey, revenue from tourism reached CYP 22.6 mln in February 2007 compared with CYP 23.1 mln in the corresponding month of the previous
The trade deficit for Cyprus widened CYP 193 mln in February 2007 compared with CYP 181 mln in February 2006, based on preliminary results. For the first two months as a whole,
