Global disbands operations

The Cyprus Stock Exchange announced that the titles of Global Consolidator Pcl (GLC) will continue trading in the Special Trading Category due to the uncertainty for its viability, as announced in the

Euro remains under pressure

The euro remains under pressure and a move towards the 1.2510 level cannot be ruled out. Near-term USD support should continue especially with Fed officials talking tough on inflation. This puts the

Trade deficit up 16% until April

A sharp jump in imports during the first four months of the year helped push the trade deficit up by 15.88% year-on-year to CYP 799.85 mln from CYP 690.26 mln a year