Current account holders must think twice before they exceed their overdraft limit. The commercial banks decided to adopt the Central Bank strict directives that aim at reducing the bad debts and...
So far, insurance agents used all their patience and persistence to convince us to “take out insurance”. From October, all would-be insurers must do so just to enter the sector. The Insurance...
19/08/2004
The picture about the prospective deal for the acquisition of Universal Life by a foreign company is becoming clearer. Few days after the enigmatic announcements of the Bank of Cyprus and the...
18/08/2004
The Investigation Committee continued its task on Wednesday with a confidential report on CLR Investment Fund, which outlines the course of the Company and ends up with interesting conclusions,...
14/07/2004
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...
12/07/2004
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