Hermes Airport denies mass fee hike

Hermes Airports Ltd., the consortium in charge of modernising Cyprus’ airports at Larnaca and Paphos has hit back at recent reports suggesting that it intends to hike airport charges by 300%, clarifying

DB says BOC bid ‘better’

Marfin drops out of Emporiki race Alpha Bank to decide by July 25 Deutsche Bank has described the Bank of Cyprus takeover bid for control of Emporiki as more attractive compared to

Piraeus eyes 9.9% stake in BOC

Piraeus Bank reiterated its goal of reaching the threshold of 9.9% of the capital of Bank of Cyprus, after confirming on the ASE that its total holding until last Friday amounted to

CPI eases to 3.02% in June

Having hit 3.13% in May, consumer price inflation eased a tiny bit to 3.02% in June compared with the same month of 2005. The month-on-month inflation rate was 0.13%, compared with 0.09%