Financial publishing and conference group Euromoney said revenues fell 9 percent in April after a 4 percent rise in the six months to end-March and predicted things would get worse before they
Marfin Popular Bank Public Company Ltd (CPB) announced the successful completion of the Capital Securities 2009 issue, which amounted to EUR242,229,000 (total amount offered was EUR250m). The issue was addressed to a
The Annual General Meeting of shareholders of Bank of Cyprus Public Company Ltd (BOCY) approved the payment of a final dividend of EUR0.12 in addition to the EUR 0.15 interim declared and
Turkish municipalities are currently facing a challenging combination of a severe economic downturn and tight funding environment, Moody's Investors Service said in a new Special Comment. Moody's expects municipal budgets to be
Candidacies for the European Parliament elections are being submitted here today, officially signaling the start of the election campaign. Candidacies can be submitted from 0900 (0600 GMT) hours to 1230 local time
Britain has ruled out direct flights between Cyprus’ northern Turkish occupied areas and Britain, saying such flights are prohibited by international conventions. A spokesman for the British Department of Transport has told
President of the Republic of Cyprus Demetris Christofias and Turkish Cypriot leader Mehmet Ali Talat will hold on Thursday their 28th meeting in the framework of the UN-led direct negotiations, currently underway
Eight Cyprus Airways flights, six from and to Athens and two to and from Salonika will be affected by the four-hour strike of air traffic controllers in Greece today from 1000 to
Oil eased below $59 a barrel on Wednesday, a day after hitting a six-month high, pressured by OPEC's forecast of lower world oil demand in 2009 and a drop in U.S. retail
Britain's recession will be much deeper than previously expected but the worst is behind the struggling economy and an end to the downturn will come a little sooner than earlier predicted, a
