21/07/2010 07:50
The major issues in today’s financial press are the IRD revenues in the first half of the year, the interest of Ryanair in introducing flights to Cyprus and the KPMG study on the two national air carriers.
The “Economy” inset of newspaper “Phileleftheros” refers to the IRD revenues in the first half of the year. According to the report, the state revenues from indirect taxes in January – June showed an increase of 1% to €721,043,364, influenced by the property sector. The capital gains tax revenues for the same period soared 26% to €46,535,423 from €37,025,872 in the corresponding period of 2009.
Elsewhere the newspaper reports that the Industrial Activities Turnover for the period January – April rose 1.7%.
Other headlines:
- Campaign for keeping the union contract
- England in positive territory after a year and a half
- State borrows with full transparency
- EasyJet flies to Bristol
The “Economy” inset of newspaper “Politis” refers to the interest that Ryanair expressed in launching flights to Cyprus. According to the report, the airline is considering seriously the possibility of launching flights to Cyprus during the winter and of expanding its itineraries next summer, connecting Larnaca with three European regional airports.
“Politis” also refers to the Finance Minister’s clarifications for the government’s borrowing.
Other headlines:
- Successful issue of interest-bearing bills – Greek state
- Europe invests in sectors of research and innovation
- Germany: SOS for deficits - Demands national measures by the EU countries
- CSE suffers big losses of 3.45%
The “Economy” inset of newspaper “Simerini” refers to the KPMG study on the two national air carriers. According to the report, the study shows the end of Eurocypria either with its merger with CAIR or with the controlled bankruptcy regime.
The newspaper also refers to the scenarios on the problems that the banks controlled by the EU seem to face.
Other headlines:
- Loans to cover needs – What answers does the Finance Ministry give for the lack of liquidity
- EasyJet boosts presence in Cypriot market
- Moody’s downgraded Ireland
- Supreme Court decision favours Finance Ministry – For VAT
The “Economy” inset of newspaper “Haravgi” refers to the KPMG study on the two national air carriers. According to the report, the Finance Ministry will focus on two scenarios, which concern the controlled bankruptcy of Eurocypria and the undertaking of its activities by CAIR as well as the consolidation of the activities of the two companies. The third scenario for the dissolution of the two companies and the creation of a new one is theoretically out of question.
“Haravgi” also refers to the Finance Minister’s meeting with six economic analysts of Moody’s.
Other headlines:
- British pensioners choose Cyprus
- Human Resource Management Authority: Appointment of G. Oxinos is legal
- Developments for joint venture with Qatar in August – Studies on preparation and BoD will meet in late August
- SC decision on VAT favours Stavrakis
Elsewhere the newspaper reports that Cyprus is regarded as the best country for the settlement of the British pensioners compared to four other destinations.
Other headlines:
- FINMIN meets Moody’s - In Cyprus to evaluate economy
- Industrial activities drop further
- Borrowing with full transparency - FINMIN
- Cypriots and Russian boost Paphos – Savvas Vergas
The “Economy” inset of newspaper “Phileleftheros” refers to the IRD revenues in the first half of the year. According to the report, the state revenues from indirect taxes in January – June showed an increase of 1% to €721,043,364, influenced by the property sector. The capital gains tax revenues for the same period soared 26% to €46,535,423 from €37,025,872 in the corresponding period of 2009.
Elsewhere the newspaper reports that the Industrial Activities Turnover for the period January – April rose 1.7%.
Other headlines:
- Campaign for keeping the union contract
- England in positive territory after a year and a half
- State borrows with full transparency
- EasyJet flies to Bristol
The “Economy” inset of newspaper “Politis” refers to the interest that Ryanair expressed in launching flights to Cyprus. According to the report, the airline is considering seriously the possibility of launching flights to Cyprus during the winter and of expanding its itineraries next summer, connecting Larnaca with three European regional airports.
“Politis” also refers to the Finance Minister’s clarifications for the government’s borrowing.
Other headlines:
- Successful issue of interest-bearing bills – Greek state
- Europe invests in sectors of research and innovation
- Germany: SOS for deficits - Demands national measures by the EU countries
- CSE suffers big losses of 3.45%
The “Economy” inset of newspaper “Simerini” refers to the KPMG study on the two national air carriers. According to the report, the study shows the end of Eurocypria either with its merger with CAIR or with the controlled bankruptcy regime.
The newspaper also refers to the scenarios on the problems that the banks controlled by the EU seem to face.
Other headlines:
- Loans to cover needs – What answers does the Finance Ministry give for the lack of liquidity
- EasyJet boosts presence in Cypriot market
- Moody’s downgraded Ireland
- Supreme Court decision favours Finance Ministry – For VAT
The “Economy” inset of newspaper “Haravgi” refers to the KPMG study on the two national air carriers. According to the report, the Finance Ministry will focus on two scenarios, which concern the controlled bankruptcy of Eurocypria and the undertaking of its activities by CAIR as well as the consolidation of the activities of the two companies. The third scenario for the dissolution of the two companies and the creation of a new one is theoretically out of question.
“Haravgi” also refers to the Finance Minister’s meeting with six economic analysts of Moody’s.
Other headlines:
- British pensioners choose Cyprus
- Human Resource Management Authority: Appointment of G. Oxinos is legal
- Developments for joint venture with Qatar in August – Studies on preparation and BoD will meet in late August
- SC decision on VAT favours Stavrakis
Elsewhere the newspaper reports that Cyprus is regarded as the best country for the settlement of the British pensioners compared to four other destinations.
Other headlines:
- FINMIN meets Moody’s - In Cyprus to evaluate economy
- Industrial activities drop further
- Borrowing with full transparency - FINMIN
- Cypriots and Russian boost Paphos – Savvas Vergas
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