Residential house prices in Cyprus rose by 12.3% year on year in September – their fastest year-on-year increase pace on record, according to the BuySell Home Price Index prepared by MFS S. Platis. The index reached 133.23 (+12.3% year-on-year) increasing the Average Home Price in Cyprus to CYP 103,799 (EUR 177,740). Compared with August,

Environment Commissioner Stavros Dimas will hold an internet chat on Monday 15 October to coincide with the first international Blog Action Day, which is dedicated to the environment. The chat will take place between 1400 and 1700 on the Commissioner’s blog site and will be conducted in English, French, German and Greek. Commissioner Dimas said:

PrimeTel announced the commencement of transmission of NOVA Cyprus on its PrimeTV television platform. The four television packages, which have been recently introduced by NOVA Cyprus, are available as an upgrade option to new and existing PrimeTV subscribers. This unique advantage is available without the need of any additional equipment or a satellite dish. The

Marfin Popular Bank would like to inform its shareholders and the investing public that it intends to sell 6.45% of its stake in the share capital of Marfin Investment Group after the expiry of the period of retention, that is, after 16/1/2008. The sale will be carried out with private placement, preferably, to 1 strategic

Motorola has announced an integrated suite of management tools for enterprise mobility systems that address critical pieces of network management, including wireless LAN (WLAN) planning, monitoring, security, analysis and device management. Available individually, or as part of Motorola’s RF Management Suite, Motorola integrated management tools can share data and be accessed through a single console,

In its annual report on the Czech Republic, Moody’s Investors Service said the country’s A1 foreign- and local-currency government bond ratings reflect the country’s advanced economic and financial integration with the European Union, improving fiscal policies, relatively low debt ratios, and healthy foreign direct investment inflows that cover much, if not all of the current

Belgacom, Belgium’s leading telecoms operator, and Nokia Siemens Networks have extended their contract for the delivery and integration of an IPTV solution for another three years. Nokia Siemens Networks is also supporting Belgacom’s plan to add high-definition television to its existing portfolio of interactive TV services via IP-based broadband lines. The two companies are building

Over 91% of email received by companies in September was spam, according to data collected by the TrustLayer Mail managed security service from Panda Security. This percentage is slightly up on the figure for last month (87.49%), confirming the trend that has prevailed throughout the year with spam percentages around the 90% mark. The most

Moody’s Investors Service cut the outlook on the following global scale ratings of Russian Standard Bank to ‘negative’ from ‘stable’, while the outlook on the bank’s Not Prime short-term local and foreign currency deposit ratings remains stable. According to Moody’s, the change in RSB’s rating outlook was prompted by its weakened liquidity position, reflected in