Cyprus interest rates on hold

The Monetary Policy Committee (MPC) of the Central Bank of Cyprus decided to keep interest base rates at 4.5%. The official interest rates are set at the following levels: • Minimum bid

Bank of Cyprus dividend reinvestment

According to the Bank of Cyprus Dividend Reinvestment Plan, the price at which the interim dividend for 2006 will be reinvested into shares is CYP 5,07 or EUR8,75. It is reminded that

Ericsson, Intel join forces for mobile broadband

Ericsson and Intel Corporation will work together to accelerate deployment of services and applications on mobile PCs, powered by Ericsson’s mobile broadband and IMS solutions and Intel Core Microarchitecture for mobile clients

New wave of Spamta worm hits the Internet

PandaLabs, Panda Software’s anti-malware laboratory, has detected a rapid increase in the number of incidents caused by a new variant of the Spamta worm. In one 12-hour period, incidents involving this malicious code multiplied rapidly.

Real GDP growth at 3.6% in Q3

Financial sector booms   Economic growth decelerated slightly in the third quarter according to the latest figures from the Statistical Service, CYSTAT. Real GDP growth rose in real terms by 3.6% in