Aspis Holdings Public Company Ltd (ASP) released details of the acquisition of Proton Insurance SA, which has been finalised at EUR7.8 mln for the acquisition of 92.71% of Proton Insurance SA. Aspis
The Cyprus Inland Revenue Department (IRD) reported that tax revenue for the period January – May 2009 declined by 11% YoY to EUR 582.19 mln from EUR 651.58 mln in the same
Two gunmen shot dead a Greek anti-terrorist policeman guarding a witness in Athens on Wednesday then fled on a motorcycle, police said. In the worst attack since riots in December launched a
Cyprus’ Permanent Representative to the UN, Minas A. Hadjimichael, in a letter to the UN Secretary General, protested new violations of the international air traffic regulations and the national airspace of the
Minister of Foreign Affairs Markos Kyprianou said here today that Turkey must comply with all its obligations towards all member states of the European Union. In statements at Larnaka airport on his
Greek Cypriot and Turkish Cypriot political parties, which meet regularly in the UN-controlled buffer zone under the auspices of the Slovak embassy in Cyprus, will meet again today at the Ledra Palace
The Bank of Japan forecast on Tuesday that the world's second largest economy may stop shrinking later this year, and investors signalled that recession in Germany was nearing its low point. Data
The first summit of the world's biggest emerging economies will confront the failures of the global financial system and could discuss ways to reduce the dominance of the U.S. dollar. The leaders
Oil edged up towards $71 a barrel on Tuesday as the dollar slid after Russia said the world needed new reserve currencies, while stock market declines weighed on sentiment for economic recovery.
Russia will advocate a cautious approach to changing the system of global reserve currencies when the world's biggest emerging economies hold their first formal summit on Tuesday, the Kremlin's top economic aide
