Cyprus welcomes EU package on maritime safety

Minister of Communications and Works Nikos Nikolaides welcomed the adoption of the third package of measures on maritime safety by the European Union Transport, Telecommunications and Energy (TTE) Council. The Cypriot Minister

Flagstone proceeds with Alliance Re squeeze out

Flagstone Reassurance Suisse SA Limited announced that it has proceeded with a squeeze out for the acquisition of the total issued shares of Alliance International Reinsurance Public Company Limited (ALL). On August

Strike shuts down Greece, more violence feared

 A general strike shut down Greece on Wednesday, grounding flights, closing banks and schools and restricting hospital services in action that piled pressure on a conservative government hit by the worst riots

Cyprus trade deficit widens in January-September

The trade deficit in Cyprus widened to EUR 4,727.4 mln in January-September 2008 , compared with EUR 3,827.7 mln in January-September 2007. Total imports/arrivals amounted to EUR 5,601.5 mln in January-September, compared