Marfin Popula Bank moving base from Cyrpus to Greece

Marfin Popular Bank will be transferring its headquarters from Cyprus to Greece, due to the “conservative” legislative framework in Cyprus, its Executive Vice President Andreas Vgenopoulos said Tuesday. “The board has taken

Cyprus industrial turnover down in 7.6% February

In February 2009 the industrial turnover index in Cyprus is provisionally estimated to have reached 112.2 (base 2005=100), recording a decrease of 7.6% compared with February 2008. For manufacturing, the index for

Cyprus construction prices down in April

Construction materials prices in Cyprus have been falling as metallic and electromechanical product prices decrease. In April the price index of construction materials reached 116.52 units (base year 2005=100), recording a decrease