Artion AXEPEY, a member of the Athens Stock Exchange has become the latest Greek firm to join the Cyprus Stock Exchange by becoming a remote access member. The firm will start is transactions on the CSE from December 18, 2006. The number of Greek firms now remote access members of the CSE are ten and
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The European Commission today proposed to abolish the system of public intervention purchases for maize from the 2007/2008 marketing year. At the end of the 2005/2006 marketing season, EU maize intervention stocks had spiralled to 5.6 million tonnes, or 40 percent of total intervention stocks. Without changes to the current system, these stocks, which are
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— Eleni Mavrou is first female mayor of Nicosia  The ruling coalition comprising the communist party AKEL, the president’s Democratic Party (DIKO) and the socialist EDEK won most of the seats in Sunday’s municipal elections, but the numbers showed a deterioration of the coalition’s vote with the opposition Democratic Rally (DISY) recording a 6%
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— All 2007 clients will receive new versions free of charge  Panda Software has announced the compatibility of its product range with the new Microsoft Windows Vista operating system. It has created the “Windows Vista Information Center” where users will find information about the compatibility of Panda products with the new operating system. They
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Aristo Developers Pcl (ARD) announced that negotiations for the sale of the company ended unsuccessfully and there was no agreement signed. Last week, Artisto had secured from the CSE suspension of its shares for two days pending the outcome of intense negotiations aimed at finalizing the takeover bid, which later on was revealed to be
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Eleni Mavrou, the candidate of the ruling coalition comprising left-wing AKEL, the Democratic Party and the Social Democrats Movement EDEK, became the first female mayor of the divided capital of Nicosia.During the municipal elections, Mavrou received a total of 9781 votes or 34.93%, against independent Anna Marangou, who was backed by main opposition party Democratic
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Avacom Net Public Company Ltd made an announcement to the CSE and the SEC that on December 15, 2006, Polys Polycarpou Investments Ltd and Polys Polycarpou acquired a significant stake in the share capital of the Company. Through the purchase of 6.32 mln shares, Polycarpou increased his stake from 4.92% previously to 9.14% in a
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Suphire Holdings Pcl (SUP) announced that on December 13, 2006 the Nicosia District Court issued a decree, which ratified the reduction of the Company’s capital. The decree will be submitted to the Department of the Registrar of Companies and Official Receiver, pursuant to the relevant law. Pursuant to the above decree, the issued share capital,
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The Partnership For the Future Mine Action Centre Cyprus (PFF MAC) will dispose of a small number of UXOs in the Ayia Marina area, Tuesday, 19 December between 7:00 am and 4:00 pm. During this time, though a number of explosions will be heard in the surrounding area, civilians living outside the un-patrolled buffer zone
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The financial regulation adopted on Wednesday by the European Union Council of Ministers will aid the fight against corruption and help prevent the mismanagement of EU taxpayer money by shining light on the recipients of EU structural funds and agricultural support. “Disclosure of recipients will increase public scrutiny and ensure transparency in the use of
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