BOC enters FTSE ATHEX 20

Bank of Cyprus announced that it will enter the FTSE ATHEX 20 index on 9 October 2006. It will be the 10th largest company in terms of capitalisation and it will have

OPAP calls for Internet gambling ban

OPAP, the state-owned Greek betting and gaming company stated that the company will inform the MoF and the ministry of sports to adopt similar measures as those adopted by the US congress

Rates set to rise 75bps by March ’07

Cyprus interest rates are forecast to rise by 75 basis points by March 2007 according to the Economist Intelligence Unit Country Report update for October, while the GDP growth rate has also

Laiki touches CYP 3.00 backed by Marfin

Laiki Bank (CPB) shares powered ahead on Wednesday on the CSE touching the psychological level of CYP 3.00 for the first time in many months, backed by steady buying interest from Marfin

CTC extends Ermes offer

Due to the significant interest expressed by the shareholders of Woolworth (Cyprus) Properties Public Ltd and the investing public for the acquisition of shares of Ermes Department Stores Public Ltd within the