Bank of Cyprus has cut the final dividend proposed for 2008 to 12 euro cent per share in an effort to save cash and allow it to increase its capital adequacy ratio
Air traffic at Larnaca airport marked an increase of 10,3% for aircrafts and of 10,1% for passengers in November 2008, compared to the same month of 2007, according to the statistics of
Plunging exports drove Japan's trade deficit to a record high in January and caused a sharp contraction in Germany as EU plans took shape to bolster financial supervision blamed for exacerbating the
Federal Reserve Chairman Ben Bernanke warned on Tuesday the "severe" U.S. recession could drag into next year, but said banks should be able to weather the downturn without being nationalized, cheering markets.
The European Court of Human Rights (ECHR) has launched a new service, on a trial basis, to enable applicants to fill out the Court’s application form on-line via its internet site. According
The leaders of the two communities in Cyprus, President of the Republic Demetris Christofias and Turkish Cypriot leader Mehmet Ali Talat, will hold their 20th meeting today in the framework of UN-led
With only days left before the Tenders Review Authority issues its decision as to who will be the winner of the tender for the development and expansion of Larnaca marina and port,
Bank of Cyprus and Marfin Popular Bank have slashed their deposit rates sharply lower, with the 3 and 6 month fixed deposit rate now at 4.25%, down 175 basis points from the
Governor of the Central Bank of Cyprus Athanasios Orphanides and representatives of Fitch Ratings reached the conclusion on Tuesday, during a meeting in Nicosia, that the economy of Cyprus appears to be
Oil climbed above $39 a barrel on Tuesday as investors took a fresh look at OPEC's greater than expected success in cutting supplies. Prices had tumbled earlier after Monday's decline in U.S.
