Cyprus Telecommunications Authority (CYTA) requested on Monday the exemption of the semi-governmental organization from the state’s policy in the granting of pay rise in the public and semi-...
According to StockWatch sources revealed on Friday, the government, the Finance Ministry and the House Finance Committee were well aware of EU directive on duty exemptions. The Council of Ministers...
According to the latest report of the Economist Intelligence Unit, “the Central Bank of Cyprus is not no longer expected to raise its rates in 2004”. Whereas in previous reports the EIU saw an...
DISY Deputy Chairman, Averof Neophytou criticized government on Monday for turning to easy solutions in its inability to deal with the island’s economy, such as the imposition of fines and the price...
Central Bank Governor, Christodoulos Christodoulou said on Friday that if the government doesn’t take the proper measures for fiscal consolidation, Cyprus’ accession in the EMU will not be feasible...
“It is ironic to expect that all problems of the Cyprus economy will be solved within the period of ten months”, Finance Minister, Marcos Kyprianou said on Tuesday, rejecting the criticisms made by...
Central Bank Governor, Christodoulos Christodoulou said on Monday that that the government’s forecasts on the prospects of the state finances as included in the Pre-Accession Economic Program...
The latest report of the Economist Intelligence Unit released last week expresses doubt on government’s capacity to reduce the fiscal deficit and proceed to economic reforms, reiterating that the...
DISY MP, Prodromos Prodromou stated on Monday that the drop in public expenditure is fictitious, stressing that the deficit of 2004 (excluding defense expenditure) is at the same levels as last year...
The Ministry of Commerce, Industry and Tourism has proceeded to the promotion of the Foreign Investors’ Service through the budget 2004, Commerce Minister, Giorgos Lillikas said before the House...