Management and protection of potential NATURA 2000 sites in the northern part of Cyprus The first public workshop for the EU-funded project “Management and protection of potential NATURA 2000 sites in the northern part of Cyprus" will take place on 10 July 2008, at 10:00 at the EU Programme Support Office Conference Hall, 38-44 Kyrenia

The Central Bank of Cyprus has joined the government and private economists in forecasting a decline in the GDP growth rate for 2008 to 3.6% and 3.7% in 2009 from 3.9% and 3.8% respective forecasts made earlier. According to the Economic Bulletin, inflation is expected at 4.2% in 2008 driven by the surge in the

Greek and Turkish Cypriot leaders will decide on July 25 whether to move to direct reunification talks, Cypriot President Demetris Christofias said on Tuesday. The talks are to try to end a conflict that has festered for decades, troubling Turkey's bid to join the European Union. Christofias, the Greek Cypriot leader, said he would meet

NICOSIA, July 8 (Reuters) – Cyprus president Demetris Christofias on Tuesday told islanders battered by price hikes to stick to the bare necessities — but admitted he did not always follow his own advice. With inflation running at a five-year high of 5.47 percent last month, Cypriots have seen their purchasing power crimped considerably from

 President of the Republic Demetris Christofias assured on Tuesday that the Greek Cypriot side is doing everything possible to create the conditions necessary to reach a settlement of the Cyprus problem, through a policy that will activate all factors involved in the problem in the right direction for the creation of a dynamic towards a

Citigroup Global Capital Markets has slashed its price targets on Greek and Cypriot banks despite the fact that it remains overweight and believes that the fundamentals are still good for the sector. During 1H08, Greek and Cypriot banks stocks declined 36%. European bank stocks declined 33% over the same period. Citi analysts believe the fundamentals

Alpha Bank, Bank of Cyprus and Marfin Popular Bank have increased their respective market shares in terms of loans, fighting off the challenge by the smaller and Greek banks. According to unofficial data, Alpha Bank’s total of loans improved 15.7% year-on-year, Bank of Cyprus increased its loans by 12.4% YoY while Marfin Popular Bank lifted

The Board of Directors of Bank of Cyprus Public Company Ltd will convene on Thursday 24 July 2008 to examine the Bank’s financial results for the six months ended 30 June 2008 (1st Half 2008). On the same day, after the market close, the financial results will be announced to the Stock Exchange and the