The European Commission today unveiled its blueprint for streamlining and further modernising the European Union’s Common Agricultural Policy. The so-called ‘Health Check’ of the CAP will build on the approach which began with the 2003 reforms, improve the way the policy operates based on the experience gathered since 2003 and make it fit for the
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At the Standing Committee on the Food Chain and Animal Health today, Member States voted in favour of a Decision reinforcing the control measures in the UK following 2 confirmed outbreaks of avian influenza on the border of Norfolk and Suffolk in the past weeks. A Commission proposal to further ease the FMD restrictions in
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Citigroup has reiterated its Buy rating and EUR7.5 target price on Hellenic Bank Pcl (HB) following the release of its nine month results and after the Bank revised its 2007 targets with ROE now set at 29.1% from 25.1% previously and in line with Citi estimate of 30%. Citi however, is forecasting ROEs of 27%
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Sea Star suspended, capital raising period extended  The Cyprus Stock Exchange decided the suspension of trading of the titles of Sea Star Capital Plc from Wednesday, November 21, 2007 until Thursday, November 29, 2007 after the Company’s request and CySEC’s proposal in view of its intention to issue a Supplementary Prospectus, which will contain
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Cyprus will participate in the Parliamentary Assembly of the Mediterranean to be held in Malta between 22 and 24 of November 2007. The Cyprus delegation comprises three members of the House of Representatives, Takis Hadjigeorgiou, Tasos Mitsopoulos and Aggelos Votsis. According to an official press release, the meeting will mark the official opening of the
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By Christa Nikolaou Athens, Nov 20 (CNA) – The Greek and the Cypriot parliaments have outlined a joint course of action with a view to strengthen cooperation and draft concerted action with regard to Cyprus. The Speaker of the Greek Parliament Demetris Sioufas reiterated here today his firm support for a political settlement in Cyprus
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Cyprus equity prices staged a rebound from extreme lows recorded earlier on Tuesday on the back of a global recovery in markets and as bargain hunters stepped in to buy shares. Bank of Cyprus shares staged a sharp recovery from session lows of EUR 11.60 to end Tuesday session at EUR 12.08 on 325.000 shares
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DocCheck AG based in Cologne increased sales by 9% in the first nine months of 2007, taking the figure from 9.4 mln euro to 10.3 mln. The development of the portal business under www.doccheck.com was particularly dynamic. The largest portal for medical professionals in Europe increased sales by 49% in the first nine months, going
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Motorola Inc.’s strategic venture capital arm, Motorola Ventures, has made an equity investment in Tilefile Limited of Australia, which developed an innovative social media platform that connects users and communities through a “content-neutral” media format. “It is clear that Tilefile is powering the next generation of social interaction around media through its unique and content
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The rating outlook for the Slovak banking sector remains stable, reflecting their focus on domestic retail and SME activities and healthy financial fundamentals, Moody’s Investors Service says in its new Banking System Outlook report for Slovakia. In addition, the banks’ local currency deposit ratings are underpinned by their foreign ownership and Moody’s assessment of the
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