President of the Russian Federation Vladimir Putin will pay a short working visit to Greece on September 4 during which he will discuss the Cyprus problem with Greek Prime Minister Costas Karamanlis. CNA has learnt that Putin will stop over in Athens on his way to Algeria and South Africa where he will pay official
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Société Générale Cyprus announced that messages have been received in Cyprus by e-mail and SMS addressed to customers and non-customers of Société Générale Cyprus, allegedly informing them that the Bank is carrying out a software upgrade and asking them to log in to the specific attached link. IN NO CASE, SHOULD YOU FOLLOW THESE INSTRUCTIONS.
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Foreign investors controlled 26.89% of the market capitalisation of the FTSE/CySE 20 in July 2006 compared to 26% in June for a total holding amounting to CYP 1.12 bln, according to the CSE’s Monthly Bulletion. Foreign institutionals held CYP 298.3 mln worth of market cap, while foreign private accounts held CYP 828 mln of FTSE
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Aspis Group S.A. of Greece has appealed to the Cyprus regulatory authorities to safeguard its interest with respect to efforts by the Greek insurer to acquire a controlling stake in Universal Bank from the Universal Life Insurance Co. Aspis sent letters to the Cyprus Stock Exchange and the SEC, signed by its Deputy General Manager
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The euro touched 1.2940 on Monday but failed to maintain the gains, edging lower to 1.2875 area. The 1.2935/40 area remains a critical resistance on the daily charts and is a breakout level on the NY closing charts. A closing NY break above 1.2935 will be extremely bullish for the euro, opening the way for
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A resolution calling on the US government to reconsider its policy concerning the promotion of the ending of the so-called “isolation” of the Turkish Cypriots, as well as direct trade and flights to and from illegal airports in the occupied north of Cyprus, was unanimously adopted by the board of the World Council of Hellenes
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Cyprus President Tassos Papadopoulos briefed the members of the National Council Tuesday on the latest developments regarding the Cyprus problem, in the light of the July 8 agreement in Nicosia between the leaders of the two communities. Papadopoulos and Turkish Cypriot leader Mehmet Ali Talat had agreed to set up bicommunal technical committees and teams
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The trade deficit during the first half of 2006 jumped by 24.4% YoY to CYP 1.3 bln from CYP 1.05 bln a year ago in the same period as imports surged by 18.7% while export growth was flat at 0.2%, according to data released by the Statistics Service, compiled by the Financial Mirror. Total imports
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The total registrations of motor vehicles, increased by 1,4% to 30.259 in January – July 2006, from 29.851 in January – July 2005, the Statistical Service announced. Private Saloon cars decreased to 21.851 from 22.518 in January – July 2005, i.e. there was a decrease of 3,0%.
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