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The income statement of a company represents the accumulated balance of income and expenditure of the company and is very important when it comes to value and analyze a company.

Fundamental analysis is based on detailed study of the financial statements of a company and its future prospects, expansion plans and socio-economic factors that may affect the progress of the company. To achieve an assessment of a value, the analyst makes estimates of sales, cash flows, future earnings and dividends

The Bank of Cyprus completed the process of recapitalization making 47.5% of deposits uninsured shares today. Thus, the largest lender of the country's economy fulfilled the conditions required him to leave the external control for which it was submitted. This was reported in the joint statement of the Central Bank of Cyprus and the country's finance ministry.

The European Commission has temporarily suspended the allocation of financing to Hungary for several aid programs because they have detected violations in controls over the use that is given to this money.