Cyprus banks expect boost from min reserve cut

Cypriot commercial banks expect to boost their overseas operations following a decision by the Cyprus Central Bank to ease the minimum liquidity reserve requirement in foreign currencies, officials said. In a directive

Popular Cypriot composer passes away

Popular Cypriot composer Achilleas Lymbourides has passed away, at the age of 88. Born in Nicosia in 1920, Lymbourides studied music and violin. He is considered to be a pioneer composer of

Aspis Holdings in new share issue

The Board of Directors of Aspis Holdings Pcl (ASP.CY) decided to propose to the Company’s EGM to be held on 11 September 2008 its authorization to proceed with the issue and allocation