The operations of the Investigation Committee under Giorgos Stavrinakis on the management of Cyprus Airways by the former Board of Directors will start on July 28. Transport Minister, Haris Thrasou...
The Social Securities Services announced on Thursday that pensions will not include an Automatic Wage Indexing increase from July 1. According to the announcement released today, each July pensions...
08/07/2004
The publication of part of the project of the Investigation Committee, which will submit its final report to the Finance Ministry in late August, is expected to cause a stir in the island....
08/07/2004
The abolition of vested rights and the differentiation of service terms would probably add to the Cyprus Airways funds millions of pounds in the next two years. These measures are included in the...
06/07/2004
Commerce Ministry set on Monday the dates of the summer season sales, which will officially start on July 12 and will end on August 28. Pursuant to the provisions of the law, sales concern clothing...
05/07/2004
Vasiliko Cements is currently examining the possibility of expanding its production capacity from 1.3 million tons to 1.7 million tones per annum, in an effort to serve not only the Cyprus market but...
25/06/2004
Government Spokesman, Kypros Chrysostomides said on Wednesday that Tourism Minister, Giorgos Lillikas will submit the proposal on the opening of a casino in Cyprus to the Council of Ministers next...
23/06/2004
The legal advisors of the Cyprus’ three largest banks will plead to the Court on Tuesday to mitigate the penalty, while the Court will issue its decision”, Competition Protection Committee sources...
Finance Minister, Makis Keravnos announced officially on Wednesday the government’s intention to absorb funds from the semi-governmental organizations on a regular basis to cover or reduce the “black...
09/06/2004
The improvement in the Bank of Cyprus and the Cyprus Popular Bank results did not dissuade Moody’s from placing BOC on review and downgrading CPB. BOC on review Despite the fact that the Bank of...