Cyprus imports from Greece at EUR 1.1 bln

Imports from Greece have reached 1.1 billion euro, marking a 16% increase, said Commerce, Industry and Tourism Minister Antonis Pashalides. Speaking at a press conference on the sidelines of the 73rd Thessaloniki

Alfa Mega owner subject of takeover bid

Andreas Papaellinas (Holdings) Limited (AP) acquired 10,772,820 shares of C.A. Papaellinas Trading Pcl (CAP.CY), owners and managers of the Alfa Mega hypermarkets operating in Nicosia and Limassol. The acquisition of the shares,

Cyprus participates in Dusseldorf dance fair

Cyprus participated in the 7th International North Rhine Westphalia Modern Dance Fair in Dusseldorf, Germany, along with some 100 exhibitors from various countries, who presented dance productions, their groups and their creations.

UK car sales fall, weakest August since 1966

New car registrations in Britain fell an annual 18.6 percent last month to record the market's weakest August since 1966. The Society of Motor Manufacturers and Traders said there were just 63,225

EC & ECB support launch of SEPA Direct Debit

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