Vodafone Romania has terminated its co-operation agreement with Germanos Romania, according to Romanian newspaper Ziarul Financiar. The termination of the cooperation between the two companies will be effective as of October 15, 2006. According to press reports until the end of the year the cooperation between Vodafone Hellas and Germanos SA will be also terminated.

…foreign share of CSE 22%, FTSE/CySE 20 at 26% Foreign accounts reduced their net purchases of CSE stocks to only CYP 2.5 mln in August, down from net purchases of CYP 12 mln in July and CYP 19 mln in June, bringing their total 3-month total purchases to CYP 33.5 mln, according to data compiled

The number of brands exploited by online con artists grew to a record 154 in July, CNET reports. A study from the Anti-Phishing Working Group showed that the number of brands under attack from phishing was up 20 percent from June and 12 percent from the previous record in May. The APWG findings indicate that

Bank of Cyprus announced that it has obtained the final approval from the Central Bank of Cyprus for the establishment of a branch in Romania.The operations of the Bank in Romania are expected to begin at the beginning of 2007. The business development will focus on the small and medium size enterprises sector where the