The global financial crisis has thrown British Prime Minister Gordon Brown and his ruling Labour party a lifeline in the battle to avoid a crushing defeat by the opposition Conservatives in the
Greece's government will guarantee all bank deposits in the country, a senior finance ministry official said, even as the finance minister said the nation's banking system remained completely safe and solvent. Greece's
The Bank of Cyprus Group has obtained the approvals of the Central Bank of Cyprus and the Central Bank of Russia in relation to the agreement to acquire 80% of Uniastrum Bank
Ouranios Ioannides is the new President of the Cyprus Olympic Committee (COC). Ioannides secured 21 votes, while his opponent and former President of COC Kikis Lazarides received 20 votes, during the elections
Unemployment in Cyprus reached in August 3,6%, according to data published by Eurostat. Cyprus records the fourth best performance in the EU -27. In July, unemployment in Cyprus was 3,7%. The euro
Aspis Holdings Public Company Ltd (ASP.CY) announced that its total participation in Commercial Value SA stands at 61.88%, after the successful payment of EUR90 mln and all necessary approvals by the Greek
Alliance International Reinsurance Public Company Ltd (ALL.CY) announced that the independent expert evaluated the Public Offer of Flagstone for the acquisition of up to 100% of the issued share capital of ALL
The European Central Bank kept interest rates unchanged on Thursday but discussed a cut as financial market turmoil and slowing economic growth has caused inflation risks to ease, ECB President Jean-Claude Trichet
Cyta, which previously was short for Cyprus Telecommunications Authority is the new brand name of Cyprus’ state-owned telecom, which has relaunched itself with a new logo, identity and soon to come product
Cyprus can easily and immediately make available up to EUR 2 bln in emergency funds to support the island’s banking system, if there is such a need, even though Finance Minister Charilaos
