The political parties demand an increase in social benefits. However, the latest Eurostat data have showed that Cyprus ranks first in tax-to-GDP ratio. According to the figures, the tax revenue in...
The three largest banks, Bank of Cyprus, Marfin Popular Bank and Hellenic Bank bear the burden of the Cyprus Stock Exchange, followed by Louis and Aristo Developers. According to the CSE monthly...
DISY criticized AKEL for the latter’s decision to vote against the bills on the legal convergence of Cyprus with the euro area. In his interview to an ANT1 TV show last night, DISY President, Nicos...
21/03/2007
Pancyprian Labour Federation (PEO) believes that the increase in the contributions to the Social Securities Fund is fair and inevitable but rejects any thoughts on “the stock market capital” and the...
21/03/2007
The major issues in today’s financial press are the study of the Cyprus Chamber of Commerce and Industry for the future of the Social Securities Fund, the deficit in EAC’s Pension Fund and the new...
21/03/2007
Transport Minister, Haris Thrasou will visit Brussels on Wednesday to attend the EU Council of Ministers of Transport, Telecommunications and Energy. As the CNA reports, the Council will deal with...
20/03/2007
ETYK will hold a meeting with representatives of Bank of Cyprus Management on Monday, March 26 in order to be informed on the talks concerning the merger with Piraeus Bank. “ETYK will demand to be...
20/03/2007
The strong competition among the banks in the battle of deposits has been fruitful for Marfin Popular Bank, Hellenic Bank and Alpha Bank, which saw their shares increasing sharply at the expense of...
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...
20/03/2007
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