EU to pursue infringement procedures against Cyprus

The European Commission has decided to pursue infringement procedures against Cyprus and another 11 Member States for failure to implement certain Internal Market Directives into national law. The Commission will refer Austria,

FTSE says Greece’s stock market on negative watch

Greece's stock market will stay on watch for a possible downgrade to "advanced emerging" from its current "developed market" status, global index compiler FTSE said following an annual review of country classifications.

Cyprus to crack down human trafficking

Cyprus Minister of the Interior Neoclis Sylikiotis said that the criminal act of human trafficking and other such phenomena cannot be accepted , noting that soon the action plan for the implementation

Ermes subsidiary expanding in Larisa, Greece

Ermes Department Stores Plc (ERME.CY), a member of the Shacolas Group of Companies announced that as part of its policy for the expansion of its activities in Greece, its subsidiary, Fashionlink SA

Muskita AGM approves final dividend

Following approval by the Annual General Meeting of shareholders, the Board of Directors of Muskita Aluminium Industries Plc decided that the final dividend for 2007 that will be proposed to the Annual