Cyprus Central Bank expects 3.6% GDP growth

According to the Cyprus Central Bank’s (CB) Economic Bulletin for June 2008, GDP growth is expected between 3.6% and 3.7% in 2008 and 2009 respectively from 3.9% and 3.8% previously. According to

Aspis in capital raising effort

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

EU agrees to go beyond U.N. sanctions on Iran

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

Cyprus investigates mass poisoning of pine trees

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