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Primetel Cyprus lists bonds.

The CSE Council announced it has accepted the listing of 500 bonds of Primetel Plc of nominal value EUR 10,000 each, which will bear a stable rate equal to 6.75% until their expiry on June 30. Full story

Atlantic Insurance Cyprus declares dividend.

Following the announcement of the 2009 preliminary results, the Board of Directors of Atlantic Insurance Pcl (ATL) decided to propose to the Annual General Meeting the payment of a dividend of EUR0.09 per share (2008: EUR0.09). The total profits attributable to shareholders recorded an increase of Publication: Financial Mirror (Cyprus) Full story

Cyprus construction prices inch up in January.

The price index of construction materials reached 11796 (base year 2005=100.00) in January 2010, recording an increase of 0.73% over the previous month. Compared to January 2009, the index recorded an increase of 0.69% Full story

Papandreou: Greece asking for political support.

Greece is asking for political support and time to implement its Stability and Growth Program and prove that it is once again trustworthy, prime minister George Papandreou said in an interview with the BBC, stressing that the government has the great majority of the Greek people on its side, who Publication: Financial Mirror (Cyprus) Full story

Fuel retailers in Cyprus announce indefinite strike in answer to price decree.

Fuel retailers in Cyprus decided on Monday to go on an indefinite strike as of Tuesday, in a reaction to a maximum price regulation announced earlier in the day. The government issued a decree on Monday setting maximum prices for 95 octane petrol, 98 octane and diesel, which will be in force for Publication: Financial Mirror (Cyprus) Full story

Cyprus sees milder drop in tourism arrivals in January.

The drop of tourism arrivals in the quiet month of January was the mildest it has been in over eight months, as tourism arrivals fell by 2.4% over the year earlier to 45,952, compared with 47,066 in January 2009. In December the fall had been 8.2% and for the whole of 2009 tourism arrivals had Publication: Financial Mirror (Cyprus) Full story

Cyprus starts to climb out of recession in Q4.

AaAaDownload File The Cyprus economy appears to have started clambering out of recession in the fourth quarter, according to the latest flash estimate figures from the Statistical Service. In the fourth quarter GDP fell in real terms by just 0.3% (seasonally adjusted basis), having fallen by 0.8% Publication: Financial Mirror (Cyprus) Full story

Cypriot GDP shrank by 0.3% in Q4 2009, according to Eurostat.

The Cypriot economy shrank by 0.3 per cent in the fourth quarter of 2009, according to flash estimates released today by Eurostat. On an EU-wide basis, the GDP increased by 0.1%, the second consecutive GDP growth. Full story

Toyota preparing recall of new Prius.

Toyota Motor Corp is preparing to recall its iconic Prius hybrid car to address more than 100 complaints about delayed braking, spreading the top automaker's quality woes to one of its most important models. Full story

Cyprus inflation trends upwards in January.

The consumer price inflation rate rose for the third month in a row in January, reaching 2.4% over the year earlier, compared with 2.1% in December and 1.4% in November and three months of deflation prior to that. Compared with January 2009, the main increases were recorded in oil-related items, Publication: Financial Mirror (Cyprus) Full story
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