Cyprus - Page 2115

Aspis Holdings Pcl (ASP.CY) issued a positive profit warning for its 2008 first half results on the back of increased contribution in profits from its associates, as well as gains from other

EU foreign ministers agreed to ease the economic isolation of the Turkish-Cypriot controlled part of Cyprus, in a move designed to bolster efforts to reunify the island. The measures "aim at enhancing

The Inland Revenue Department (IRD) announced that total tax revenue during the period January-May 2008 advanced by 1.1% year-on-year to EUR 651.6 mln from EUR 644.77 mln a year ago in the

The Cyprus economy will face increased difficulties in 2009, Minister of Finance Charilaos Stavrakis estimates. The Minister, who was briefing the House Finance Committee, said that 2009 would be a difficult year

The Cyprus Ministry of Commerce, Industry and Trade awarded the construction of the Paphos marina contract to the consortium made up of Cybarco, Francoudi & Stephanou, Leptos Group (via Pandora Investments PND.CY)

Cyprus’ trade deficit increased further during the first quarter of 2008 reaching 1.430,9 mln euro compared to 1.099,6 mln euro in January-March 2007, according to the statistical data released by the Statistical

But households are still spending Economic growth in Cyprus slowed in the first quarter of 2008 but remained fairly buoyant considering the global credit crunch. Gross domestic product (GDP) rose in real

The Cyprus based Aspis Holdings (ASP.CY) is to join international and Greek suitors seeking to acquire majority control of Agrotiki Insurance in a deal valued up to EUR 150 mln. Agrotiki Insurance,

Ukraine lawmakers rejected a proposed bill tabled by the Ukrainian government seeking to amend the Ukraine-Cyprus tax treaty, and instead called on their government to go back to the negotiating table to

Hellenic Bank Pcl (HB.CY) is not ruling out takeovers in Greece or in Russia to accelerate its expansion drive overseas with HB CEO Makis Keravnos revealing that the Bank considered two small