Business - Page 2229

The Central Bank Monetary Policy Committee decided on Friday April 8 to keep the interest rates on the marginal lending facility and the deposit facility, remain unchanged at 5.25% and 3.25% respectively.

CyTA has strongly defended its decision to slash international call rates but says it is abiding with a decision of the Competition Commission to revoke the price cuts. CyTA Chairman Stavros Kremmos

Ericsson and Siemens Communications have completed interoperability tests between Siemens push-to-talk handsets and Ericsson infrastructure. Push-to-talk calls are one-way communication: while one person speaks, the other(s) listen. The right to speak is

Western Digital Corporation’s WD Caviar RE 160GB RE hard drives have been named the best hard drive solution for building high-speed RAIDs by Mac Format magazine (UK). In its endorsement, the magazine

The SFS Group is calling an Extraordinary General Meeting of shareholders on May 25, 2005 to ratify a Board decision to issue a total of 26 mln warrants that may be exchanged

Egnatia Financial Services moved two positions higher in March in the CSE broker rankings in terms of market share into fourth place while in the first quarter rankings it improved its position

Headline inflation as measured by changes in the Consumer Price Index increased by 2.89% year-on-year in March 2005, the Department of Statistics announced. The Consumer Price Index for March 2005 increased by