The imposition of VAT on properties and the increase in the cost of the construction materials will reduce, if not eliminate, the margin of profit of the land development companies, Chairman of the...
The new economic environment in Cyprus is highly competitive and all businesses, employers and the public sector must become more competitive, Labour Minister, Makis Keravnos said on Monday. “We...
10/05/2004
Employers’ and Industrialists’ Federation (OEB) expressed its raising concerns on Friday for the ongoing downward trend of the Cyprus industry in 2003, whose contribution in GDP dropped by two...
07/05/2004
Within the framework of the 8-month agreement with ETYK on the staff’s investment loans, the cost for the Bank of Cyprus and the Popular Bank will reach £250 thousand and £150 thousand respectively,...
04/05/2004
Hellenic Bank Strategic Development Manager, Yiannis Telonis told StockWatch on Monday that as soon as Cypriots ascertain that the Central Bank “has taken seriously the issue of monetary stability”,...
03/05/2004
Laiki Group issued on Friday a positive Profit Warning for the first quarter results of 2004. According to StockWatch sources, the Cyprus Popular Bank expects improvement in the first quarter...
30/04/2004
The main characteristic in the aftermath of the referenda carried out in Cyprus will be the extension of uncertainty that surrounds the island’s economy, while “stagnation” in economic activity will...
26/04/2004
The Larnaca Refinery terminated its operations on Friday, after the government’s decision to transform it into fuel storage terminal. As the CNA reports, 35 employees will remain in the terminal,...
23/04/2004
The introduction of a record in the Central Bank including the banking accounts of all Cypriots in the commercial banks or the cooperatives is a “fishing exercise”, Personal Data Commissioner, Yioula...
18/03/2004
According to the Annan plan, the Company Law does not come under the jurisdiction of the Central Federal State, however, the power of intellectual rights belongs to it, Company Superintendent, Stalo...
12/03/2004