Cyprus services boom in third quarter

Advertising still suffering The services sector in Cyprus continues to perform strongly, according to data on the turnover value of service activities produced by the Statistical Service CYSTAT, with several subsectors showing

10-yr bond auction

The Central Bank of Cyprus announced the offer by auction on a bid-price basis of up to CYP 100 mln 4.5% Government Registered Development Stock. The issue date will be 2 January

Piraeus ups stake in EURO

Piraeus Bank of Greece has purchased 6.6 mln unexercised rights of Euroinvestment & Finance Public Co. Ltd. (EURO) at 25 cent each for a total price consideration of CYP 1.66 mln or

CyTA expands into UK, Greece and Hungary

CyTA has accelerated its expansion plans abroad, targeting both markets where there is a significant Greek Cypriot presence as well as emerging markets in east Europe that provide a lot of room