Retail sales slowed down significantly, according to a report published by the Statistical Service. Retail sales grew by a mere 1.7% in first five months of 2002 compared to 4.6% in the period...
The voting of the new Investment Services Provision law in combination with the recent tax reform is likely to bring more than a hundred offshore financial companies under the supervision of the SEC...
14/08/2002
Cyprus has the highest crude marriage rate in 2001 among the member - states of the Council of Europe (CoE) according to the joint CoE and Eurostat demographic data collection for 2001 in Europe....
13/08/2002
A new round of negotiations commences today between the Bank Employers’ Association and the Union of Bank Employees under the auspices of the Ministry of Labor and Social Security. In a statement...
13/08/2002
The Cyprus Government will choose the organisation that will secure the new second generation 20-year mobile telecommunications license at the end of November through the process of ascending...
12/08/2002
One of France's largest banks, Societe General, is operating offices in Cyprus as a local commercial bank, in addition to its offshore unit, Lenia Georghiadou, assistant director at the supervision...
09/08/2002
Commercial banks will open tomorrow following the end of a week-long dispute between the Bankers Employers' Association and the bank employees trade union ETYK. Mediation by the Ministry of Labour...
08/08/2002
An Airbus 330 of the British airline "My Travel" with 358 passengers on board hit last nigth a light pylon during the parking procedure at Paphos International Airport. According to the CNA, none of...
08/08/2002
CISCO forecasts interest rate cut The Central Bank of Cyprus might lax its monetary policy reports CISCO in its review of international and domestic economic conditions in the first half of 2002....
08/08/2002
Cyprus' Chief Negotiator for Accession to the European Union and President of the United Democrats, George Vassiliou, said on Monday that if despite all efforts the Cyprus problem were not solved by...
06/08/2002