Eleftheria Square ready for Cyprus by early 2012 Financial Mirror, Cyprus The capital's central Eleftheria Square should be ready by early 2012, just in time for the events of the year that will see Nicosia hosting the EU presidency and a number of political summits and cultural celebrations. The president of the Nicosia ... Full story

“Tough summer ahead for Cyprus , Greece,” warns top banker Financial Mirror, Cyprus Cyprus and Greece are headed into a “tough and uncertain” summer in a low growth environment, according to Efthymios Bouloutas, CEO of Cyprus ' second largest lender, Marfin Popular Bank. Full story

Cyprus ' inflation rate down to 0.6% in May Financial Mirror, Cyprus The rate of inflation in Cyprus for May 2009 fell to 0.6% compared to 0.7% in April 2009 and 4.9% in May 2008. According to an official press release by Cyprus Statistical Service (cystat) the Consumer Price Index for May 2009, increased by 0.82 units .. Full story

Aspis to appeal to Cyprus ' Supreme Court against fines by CySEC Financial Mirror, Cyprus Aspis Holdings Public Company (ASP) announced that it will appeal to the Supreme Court against the administrative fines imposed by the Cyprus Securities and Exchange Commission (CySEC). The Company believes that it is not treated equally by the ... Full story

Telecom Egypt and Cyprus Telecom CYTA announce cooperation Financial Mirror, Cyprus Telecom Egypt (TE) and Cyprus Telecommunications Authority (Cyta) announced, that they have entered into an agreement to cooperate through extension of Telecom Egypt's TEN Cable System to Cyprus , thereby creating reciprocal Eurasia and Eastern ... Full story

Financial Mirror Downer: Cyprus Leaders to begin discussion on territory next week Financial Mirror, Cyprus UN Secretary General's Special Advisor on Cyprus , Alexander Downer, has said that the leaders of the island's two communities discussed Wednesday the chapter of economy and the Limnitis issue, (relating to efforts to open a crossing point to and from ... Christofias: 'no concessions' on Cyprus problem Famagusta Gazette ... Full story

Cyprus Ambassador to Armenia presents credentials Financial Mirror, Cyprus Petros Kestoras recently presented his credentials to President of Armenia Serzh Sargsyan, as Ambassador of the Republic of Cyprus to Armenia, based in Moscow. According to an official press release, Sargsyan referred to developments in efforts to ... Full story

Financial Mirror Cyprus ranks first in the medal table of the GSSE small nations games Financial Mirror, Cyprus Cyprus is ranking first in the medal table of the XIII Games of the Small States of Europe, with 12 gold, 15 silver and 6 bronze medals, at the end of the first day of the games. Iceland is in the second place of the table with ... Full story

Financial Mirror Cyprus to place part of EUR 1.5 bln euro-bond with banks Financial Mirror, Cyprus The Cyprus Finance Ministry will hold a written bidding process, allowing Cyprus banks and the Cooperative Banks to bid for part of the proceeds of the EUR 1.5 bln raised last week from international and local investors. Full story

President expresses optimism over Cyprus ' economy Financial Mirror, Cyprus President of the Republic Demetris Christofias has expressed optimism over the course of the Cyprus ' economy while he praised the work of the Minister of Finance and his colleagues “who are working day and night”. In statements during his today's visit ... Full story