EIU cuts its Cyprus GDP growth forecast

The Economist Intelligence Unit (EIU) have revised down Cyprus’ growth forecast for 2007 to 3.4% (from 3.6% previously) and to 3.6% in 2008 (from 3.8%), primarily owing to quarterly growth in the

Blue declares dividend

The Board of Directors of Blue Island Plc decided to propose to the AGM the payment of a dividend of 6.5% on the nominal value of the share or CYP0.0065 cents per

Marfin Popular posts IRD questionnaire

Marfin Popular Bank Public Co Ltd announced that the questionnaire of the Inland Revenue Department for the verification of the fulfillment of the term “Non Cyprus Resident” for 2007 has been posted

Aspis ponders new insurance takeover

Aspis Holdings Public Company Ltd announced that the Board of Directors will meet on Wednesday, April 4, 2007 at 8.30 am to examine the possible acquisition of up to 100% of the

Lycos Europe sells stake in Czech portal

Lycos Europe, one of the leading European portal providers and online advertisers, has agreed to sell its 30% stake in Seznam.cz, a.s, a portal provider based in Prague, Czech Republic, to partners

Aspis ups stake in Liberty to 59%

Liberty Life Insurance Pcl announced that it allocated to Aspis Holdings Pcl 13,333,334 shares of nominal value CYP0.10 at the price of CYP0.15 per share raising CYP 2 mln in additional capital