Brussels awaits CYTA-LTV verdict

The Competition Directorate General of the European Commission is eagerly awaiting the Cyprus Competition Commission’s final verdict regarding CYTA’s deal with LTV, which may be delayed due to the complex issues involved

Orphanides revalues properties

Orphanides Public Co. (ORF), the largest supermarket chain listed on the CSE boosted its book value per share sharply higher after a major revaluation of its real estate and property holdings. The

BOC breaks above CYP 4.5 in Greece

Bank of Cyprus shares broke through the psychological barrier of CYP 4.5 for the first time in six years in Greece, while in Cyprus, the shares also touched a fresh record high

Cyprus to launch euro information programme

On Friday this week Cyprus will be signing a cooperation agreement with the European Commission on information for the European citizen regarding the euro. The Cyprus pound entered the Exchange Rate Mechanism

Hellenic Bank profit seen up 54%

Hellenic Bank is forecast to boost net profit during the first quarter of 2006 by 54.1% year-on-year to CYP 4.6 mln from CYP 3 mln a year ago in the first quarter