T-bill yield continues down The bond market sell-off witnessed in major international markets has finally caught up with Cyprus, since during the multiple 2- and 5-year bond auctions, yields raced higher, the first such move in over a year. Most analysts described the move as directly related to expectations that the European Central Bank will
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But investors should expect a rocky ride Time to rotate out of riskiest assets And watch inflation like a hawk Someone once said that when investment bankers start saying that the old economic rules no longer apply, it is time to push the sell button. But a ‘new-rules’ economy seems to be exactly what world
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The House of Representatives is expected to vote on the VAT refund on first-time house purchases at its last session on April 13 before it dissolves ahead of the May 21 parliamentary elections. During the House Finance Committee discussions last week, deputies agreed to scrap the draft bill on a lower VAT rate for first
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Are Greek Cypriots warming to the idea of partition? Cyprus President Tassos Papadopoulos has a 64% approval rating according to the state TV station, CyBC, and 61% believe he has strengthened the position of Cyprus with respect to the Cyprus problem, while Demetris Christofias, the leader of the main coalition party, the communist AKEL, is
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Greek Foreign Minister Dora Bakoyiannis called on Turkey Wednesday to fulfill its obligations towards the European Union and join the United Nations technical committees that will investigate new ways to resolve the Cyprus problem. Speaking after her meeting in Nicosia with Cyprus Foreign Minister George Iacovou, Bakoyiannis repeated the statement made by Enlargement Commissioner Olli
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Panda Software has published the “Security in Wireless Networks”, report by PandaLabs, highlighting the security deficiencies in WEP, the most widely used protocol in Wi-Fi environments, as well as underlining the relative reliability of other current systems, such as WPA or WPA-PSK. In fact, almost 60% of networks, according to the survey, had no security
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