IMF warns on funding, new Fed easing awaited

The International Monetary Fund underlined the scale of the global economic crisis on Wednesday, saying it risked running out of money, while investors awaited the U.S. central bank's latest efforts to get

Cyprus exposure to Madoff run funds very low

The Cyprus Securities and Exchange Commission (CySec) said it estimates that the exposure and losses likely to be suffered by Cypriot investors who invested in funds that in turn invested in other

Cyprus Universal Bank splits shares

The CSE announced that from January 28, 2009 the shares of Universal Bank Public (USB) will trade split with their new nominal value of EUR0.57 from EUR 1.71 and without the right

200 EU Scholarships for Turkish Cypriots

The European Commission has launched the EU Scholarships III Programme on 11 November 2008 offering 200 scholarships for Turkish Cypriots for the academic year 2009/10. A final Information seminar will take place