According to Eurostat data released on Tuesday, Cyprus has recorded the highest increase in the tax-to-GDP ratio in the European Union. Specifically, the tax revenue in 2005 stood at 36.2% of GDP...
The House of Representatives demanded on Tuesday the provision of incentives to the citizens in order to increase the transactions via the net. During the House Commerce Committee session, the MPs...
20/03/2007
The reactions against the new charges that Hermes Airports intends to impose in early April have increased sharply. IACA’s protests against the increased charges have been boosted by the reaction of...
20/03/2007
The major issues in today’s financial press are the double inscription of prices in view of the adoption of the euro and the 44th PASYDY Congress. The “Economy” inset of newspaper “Phileleftheros...
20/03/2007
Aspis Group announced on Monday that it will proceed to additional investments in Cyprus, especially in the banking, insurance and property sector. Speaking at a press conference, Chairman of the...
During its 12th Congress, right-wing party, DISY re-elected Messrs. Nicos Anastasiadis and Averof Neophytou as President and Deputy President respectively. As the CNA reports, Messrs. Anastasiades...
19/03/2007
The budget of Cyprus Broadcast Corporation (CyBC) for 2007 stands at £19.1 million, which is 8.1% lower than the budget of 2006, which reached £20.8 million. The CyBC budget, which was discussed at...
19/03/2007
The trade unions of Cyprus Airways have denounced a new scandal in the national carrier, which might lead to new dismissals. The issue emerged after Eurocypria, which was sold by CAIR recently,...
19/03/2007
Hellenic Bank Chief Executive Officer and Chairman of the Board of Directors of CyBC, Makis Keravnos did not confirm but did not deny reports according to which he is one of the candidates for the...
19/03/2007
39 chartered flights airlines that carry 100 million passengers worldwide have launched a campaign against the imposition of increased charges in the Cypriot airports by Hermes Airports. In an...
19/03/2007