Aspis Holdings Public Co Ltd (ASP) announced its plans to proceed with the reoorganisation of the Group to meet the requirements of Solvency II. At a first step, the Group will proceed
The European Union's enlargement chief urged Turkey on Wednesday to make up for wasted time by pressing ahead with reforms now that the country's highest court has decided not to ban the
BRUSSELS, July 30 (Reuters) – The European Union has agreed to go beyond United Nations sanctions on Iran, instructing its financial institutions to exercise "restraint" on export credits and allowing its navies
NICOSIA, July 30 (Reuters) – Authorities in Cyprus are investigating the destruction by poisoning of hundreds of trees on the Mediterranean island. The forestry department called in police after finding evidence that
The Council of Ministers approved Wednesday the implementation of new measures aiming at the smooth integration of non Greek speaking children in the school system of Cyprus. A press release by the
Cyprus’ Foreign Minister Marcos Kyprianou has requested Iran’s help at the Islamic Conference and in general with countries with which Iran has close contacts. In statements after his arrival from Tehran, where
Louis Cruise Lines has concluded a deal to buy the 731-berth Norwegian Majesty from Star Cruises at a cost of EUR 103 mln (USD 162 mln), and will add the Norwegian Dream
Vassiliko Cements Public Company Ltd (VCW) issued a negative profit warning with respect to its first half 2008 results. According to the announcement, the Group’s profits for 1H 2008 are expected to
The Cyprus Hotel Association (Pasyxe), the biggest group of hotel owners and operators on the island, fears that the ongoing worldwide economic crisis and the soaring fuel prices will have a serious
Cyprus enjoys robust economic growth, though a relatively high level of debt and uncertainty surrounding possible reunification of the divided island remains a challenge, Moody's has said in a credit opinion. Moody's
