Business - Page 1952

The euro gained sharply on Thursday morning after a better-than-expected Ifo report, which raised speculation that the ECB will continue euro rates while the Fed is on pause following weak US housing

…deposits surge higher Cypriots continued to prefer loans in foreign currency at the expense of local currency which carried a higher rate, according to the July Monetary Survey of the Central Bank

Atlantic Insurance Pcl (ATL) reported a 62.5% YoY increase in first half profit to CYP 1.35 mln compared to CYP 835k a year ago and CYP 1.68 mln for the whole of

International Banking Units (IBUs) based in Cyprus saw a $119 mln decline in advances to customers to $6.58 bln until June 2006, according to the Monetary Survey of the Cyprus Central Bank,

— Six more ready for review A ministerial committee has decided to award a license for the operation of a new golf course in the Ayia Napa area to a consortium of

— 1st ship in 2008 for east Med, Greece Louis pcl continues to trade briskly after the sharp rise on Monday following the summer break and news that the company had struck