Cyprus is on track to record a substantial rise in new company registrations during 2006, with the total number very close to breaking the 150.000 mark. The Registrar of Companies reported that
Aspis Group of Greece, together with Commercial Value (a related company) have submitted their interest to bid for 60% control of the share capital of Universal Bank (USB) at 90 cent per
Net dollar short positions held by International Money Market currency speculators swelled to 96,751 contracts worth $13.2 bln in the week through Aug. 1 — six times the $2.2 bln worth of
EUR/USD: The break above 1.2840 has opened the way for renewed gains towards the next objective of 1.2980/1.3040. The only thing holding back the euro is the substantial short-USD positions established on
Cyprus fiscal deficit in the first half of 2006 amounted to CYP 66.1 mln or 0.8% of GDP compared to a surplus of CYP 28.8 mln or 0.4% of GDP in the
The Cyprus Competition Commission has fined the state-owned telecom CYTA with a fine of CYP 80.000 and its digital platform content partner LTV, with a CYP 65.000 fine for violation of competition
Hellenic Bank Pcl (HB) shares nosedived 3.2% on Monday after a large 100.000 share sale at the very last minute knocked the stock from CYP 1.23 to a close of CYP 1.19
The unemployed persons, registered at the District Labour Offices on the last day of July 2006, reached 13.117 persons compared to 12.658 persons in June 2006, an increase of 459 persons. The
Cyprus Airways has scheduled extra flights to and from Greece to cope with high demand from tens of thousands of Cypriots travelling to Greece for their holidays. Greece has always been the
