EU Ministers ask for measures to face drought

Agriculture Ministers of eight EU Mediterranean countries have decided to present to the European Commission a common proposal seeking action for drought striken countries.The Ministers, who met Sunday in Nicosia for the

Sterling at 14-year high vs. dollar

Sterling hit a 14-year high against the dollar on Tuesday, following highs hit against the Japanese yen and euro as investors chased the pound’s yield appeal. Sterling hit $1.9859 — its highest

Bank of Cyprus share options to list

Bank of Cyprus Public Company Ltd announced that on January 25, 2007, the CSE and the ATHEX will allow the listing of 770.840 new ordinary shares of the Bank resulting from the

Euro seen extending recovery

EUR/USD is expected to extend the recovery as strong US data and hawkish Fed talk failed to support the USD. The Michigan sentiment on Friday capped a week of generally solid U.S.

Atlantic call options

Atlantic Insurance Pcl (ATL) announced that its subsidiary Atlantic Securities Ltd., a member of the CSE has prepared a plan according to which the company will allocate call options of up to