New Supreme Court judge sworn in Cyprus

President of the Republic of Cyprus Demetris Christofias on Monday appointed Costas Clerides judge of the Supreme Court, in the place of Rallis Gabrielides who passed away. Speaking during the swearing in

Hellenic Bank forecasts 1Q loss

Hellenic Bank expects to make a loss in the first quarter due to a reduction in operating profits and higher provisioning. Hellenic, which is Cyprus's third-largest bank, said it also had a

Bank of Cyprus interest on May 20th

The investing public is informed that the interest for the quarter 20/02/2009 -19/05/2009 on the floating rate Capital Securities Series B issued by Bank of Cyprus Public Company Ltd will be paid

Cyprus to auction EUR 1 bln T-bills

The Central Bank of Cyprus announced the issue, on behalf of the Government, of new 1.50% Government Treasury Bills with a 35-week duration. The issue will be EUR1 bln and the Bills

Turkey’s EU path passes through Cyprus

Government Spokesman Stephanos Stephanou has stressed that no decision has been taken and nothing has been announced with regard to Turkey’s unhindered EU course, in view of the assessment Brussels with make