Greek bourse lifts short-selling ban

Greece lifted a ban on short-selling shares on Wednesday, returning the market to normal after the havoc of the debt crisis, a move expected to bring back short-term traders and boost thin trading vol...

Hellenic Bank Cyprus profits improve to EUR 11.1 mln in 1H'10

Hellenic Bank Public Company Ltd (HB) reported that first half 2010 net profits attributed to shareholders increased to EUR 11.1 mln from EUR 2.06 mln a year ago but below analyst expectations. Impr...

Bank of Cyprus H1 profits up 10%, interim dividend 6 cents

Bank of Cyprus, the country's largest lender said first- half net profit rose 10 percent to EUR163 mln. Group net interest income rose to EUR496 mln, up 28 percent on the first half of 2009. The ...

R & D expenditure still tiny in Cyprus

Total scientific research and experimental development (R & D) expenditure in Cyprus reached just 0.43% of GDP in 2008 according to the results of the ad hoc survey carried out by the Statistical ...

Cyprus industrial turnover rises 5.6% y/y in May

Industrial turnover grew fairly strongly in May, as the Industrial Turnover Index rose by 5.6% compared with May 2009. However, the manufacturing turnover the index for May 2010 was the same level a...