Friday, 30 August 2013

Hellenic Bank (Cyprus) on loss for the first half of 2013 | Index2Day

Hellenic Bank declared a net loss of €46 million for the period from 1st of January to 30th of June 2013, by raising its provisions for non-performing loans that appeared during as a result of the financial crisis and Eurogroup’s decision about deposits.

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Hellenic Bank (Cyprus) on loss for the first half of 2013 | Index2Day

Friday, 23 August 2013

Most Powerful Supercomputer in East Med Region Hosted in Cyprus

Cyprus’ very own supercomputer, in its first year of operation, has carried out simulations producing 70 TB (Terabytes) of data, the equivalent of 17 million of copies of the bible, which would have taken a normal laptop 456 years to compute. Its computational power is 30 Tflops, which means it can perform 30 trillion multiplications per second.

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Most Powerful Supercomputer in East Med Region Hosted in Cyprus | Index2Day