Marfin Popular Bank announced the successful conclusion of its capital raising effort, which through the issue of capital securities resulted in the Bank raising EUR 200 mln. On 17 March 2008 the
The worst of Britain's recession may be over and there are early signs the Bank of England's quantitative easing programme may be working, according to Bank of England Monetary Policy Committee member-designate
Etihad Airways, the national carrier of the United Arab Emirates (UAE), has included the Larnaca International Airport in its flying programme. According to a press release by Etihad Airways, the three flight-a-week
Cyprus will receive EUR2.4 mln from the European Union 2008 budget surplus amounting to EUR1.79 bln euro that will be returned to member states. According to a European Commission, in 2008, member
Oil retreated from session highs to just above $50 a barrel on Wednesday, after OPEC's latest monthly oil market report predicted a faster-than-expected drop in world oil demand. By 1347 GMT, U.S.
Poland's decision to become the second country after Mexico to seek a standby credit line at the International Monetary Fund (IMF) is an insurance policy that should stabilise the zloty on the
The United Nations envoy urged Greek and Turkish Cypriots on Wednesday to seize the opportunity offered by talks to reunite their island, but said time was working against a deal. "They really
U.S. consumer prices fell in March and recorded their first 12-month drop since 1955, government data showed on Wednesday, as slumping demand amid a severe recession pushed down energy and food costs.
In an effort to facilitate increased tourist arrivals from Russia to Cyprus, the government said Cypriot consular services in Russia will issue ‘pre-approved’ visas to Russian nationals wishing to come to the
Dr. Andreas Moleskis has been appointed by the Council of Ministers as Cabinet Secretary and head of the Cyprus EU Presidency office 2012. Cyprus will take over the EU Presidency in July
