Almost one-third of the Cypriot labour force has completed tertiary education, according to  the Statistical Service’s “Labour Force Survey” for 2005. The report provides detailed data on the employed and unemployed population which are analysed by gender, age, education, branch of economic activity and occupational group. Data are also presented on part-time employment as well

…Marfin to conclude private placement   UBS, the Swiss banking giant has placed the shares of Bank of Cyprus (BOCY) among its top 10 shares for 2007, ranking it in 8th position with a Buy1 recommendation based on a price to earnings (p/e) ratio of 13.7 times for 2007 and 10.3 times based on forecasted

Bank of Cyprus Public Company Limited (BOCY) announced that it has decided to submit a Public Offer seeking up to 50% of the capital of Cytrustees Investment Pcl (CYTR) in a deal valued at EUR 26.5 mln. Cytrustees is an approved closed end investment company listed on the Cyprus Stock Exchange and was incorporated in

Alpha finance commenced coverage on the Bank of Cyprus Pcl shares with a price target of EUR 10.6 per share and a “neutral” bias. Alpha Finance notes the strong profit performance recorded by Bank of Cyprus and the Management’s success in holding costs down. Alpha Finance is forecasting Bank of Cyprus lifting profits by 21%

Marfin Financial Group is reported to have received strong bid interest from foreign institutional investors for the private placement of up to 110 mln Laiki Bank shares, which is expected to be completed “within days” according to reliable sources. Marfin needs to dispose of the shares that it holds in Laiki (15.32%) and the process

Libra Holidays Group Plc announced that, based on current indications, the preliminary accounts for the financial year ended 31st October 2006, are improved, with less losses, compared to the preliminary results of year 2005. This improvement is mainly due to expected reduction in the impairment of the intangible assets of the Group. It is hereby

The Board of Directors of Laser Investments Public Ltd announced that the Extraordinary General Meeting held on December 7, 2006 approved the resolutions to reduce the capital with the simultaneous reduction of accumulated losses and also to increase in the authorized share capital and expand the Company’s activities and its release from the investment restrictions.

The interest of the non convertible bonds 2004/2009 of Hellenic Bank Public Company Ltd with a floating rate, for the period of six months from 01.07.2006 to 31.12.2006, will be payable on 31.12.2006. The interest rate for the period will be 4.15%. The cum-dividend date will be on December 19, 2006. The ex-dividend date will