Laiki Bank has agreed to pay EUR 70 mln to acquire a majority stake in the Serb based Centrobanka, in a deal that includes a commitment to increase the share capital by EUR 30 mln, according to Reuters quoting Centrobanka sources in Belgrade. The statement comes in sharp conflict of an official statement made by
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There are no Cypriots among the victims of the bomb attacks in Amman, Jordan, Cyprus Foreign Ministry has said. In a press release the Ministry noted that “according to available information so far, there are no Cypriots among the victims of the bomb attacks that took place in Amman, Jordan.” For further information, anyone interested
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The plenary of the Congress of Local and Regional Authorities of the Council of Europe Standing Committee approved today in Strasbourg a report by rapporteurs Ian Micallef from Malta and Alan Lloyd from the UK, which said that ‘local representatives’ of the Turkish Cypriot community cannot be considered as members to the Congress. The report
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The CSE announced that following a review of the FTSE/CySE 20 committee, which also includes representatives from FTSE International, the titles of Logicom Public Ltd and Atlantic Insurance Co. Public Ltd. will replace the titles of Pandora and KEO. The Advisory Committee reviewed the operation of the index for the six month period between April
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Total imports/arrivals (covering total imports from third countries and arrivals from other Member States) in January-August 2005 amounted to CYP 1,807.0 mln as compared to CYP 1,707.6 mln in the corresponding period of 2004, representing a rise of 5.8%. Total exports/dispatches (covering total exports to third countries and dispatches to other Member States) in January-August
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Turkish Cypriots not allowed in Congress The Congress of Local and Regional Authorities of the Council of Europe urged the government of the Republic of Cyprus on Thursday to step up talks on the gradual transfer of urban planning responsibilities to municipalities and to conclude an agreement with the Union of Municipalities on the transfer
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Some 330,000 to 400,000 Greek Cypriots are reported to have visited casinos in the Turkish occupied north of Cyprus, a study by the government tourist office has shown. The results of the survey, commissioned by the Cyprus Tourism Organisation, has prompted its chairman Photis Photiou to push through for a decision on a casino in
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