The European Commission and the European Central Bank (ECB) have encouraged the European Payments Council ('EPC') to move ahead with the launch of the SEPA Direct Debit scheme. Under this scheme, bank
The drop in oil prices appears to have had an immediate impact on inflation in August, as the consumer price inflation rate eased to 5.4% from 5.6% in July, although it was
Oil rose by more than a dollar on Thursday as a number of U.S. refineries remained shut because of hurricane disruption and ahead of U.S. government data excepted to show falls in
President of the Republic of Cyprus Demetris Christofias, who is in Sweden on a two-day visit, begins his contacts on Thursday during which he will have consultations with Prime Minister Fredrik Reinfeldt.
Marfin Popular Bank (CPB.CY) announced the completion of the acquisition of a 50.04% stake in RPB-Holding, the parent company of the Russian bank OOO Rossiysky Promyishlenny Bank (“Rosprombank”) for EUR 83 mln.
Around 51 thousand pupils returned to schools on Thursday as primary and pre-primary schools opened in the southern government controlled areas of Cyprus. Students of tertiary and technical education will begin their
The latest report on the operation of the Green Line regulation from the European Commission reports that the value of goods which crossed the Green Line north to south increased by “almost
Cyprus fresh fruit prices rocketed in April to June, according to the latest figures from the Statistical Service, while pork meat prices fell. The producer price index of fresh vegetables increased by
Greek Foreign Minister Dora Bakoyianni has urged the Turkish side to show the necessary political will during the negotiations, which began today between the Greek Cypriot and the Turkish Cypriot communities, to
President Demetris Christofias and Turkish Cypriot leader Mehmet Ali Talat pledged here today to do their utmost to achieve a settlement of the Cyprus issue this year. The two were speaking to
