British reservations for holidays in Cyprus remained particularly low in July 2004. According to A.C. Nielsen data released on Wednesday, Cyprus sold 29% less tourist packages compared to the...
The price hike in crude oil raises questions on the growth of the Cyprus economy and the worldwide economy in general. Although its price has reached $50 per barrel, the concerns for the yield of...
25/08/2004
The major issues in today’s financial press are the sale of Universal Life, the hotel industry, the charges from the use of credit cards and the CSE. The “Economy” inset of newspaper “Phileleftheros...
25/08/2004
There are 25 T/C traders that have expressed their interest for the movement of goods across the Green Line, Head of European Commission Representation in Nicosia, Adrian Van der Meer said on Tuesday...
24/08/2004
The Cyprus Airways staff is redundant and a fiscal consolidation in the airlines means the reduction in the number of the existing employees without their victimization, Transport Minister, Haris...
24/08/2004
The CSE general index slipped 0.7% to 74.7 points on Tuesday, pressured by the Popular Bank and the Hellenic Bank that recorded losses of 0.8% and 1.6% to £1.18 and 43 cents respectively. The Bank...
24/08/2004
The major issues in today’s financial press are the Labour Minister’s conciliatory proposal for the hotel industry and the repercussions from the oil crisis. The newspaper “Phileleftheros” refers...
24/08/2004
Banks are struggling to reduce the finance risks and the bad debts that appear in their results for the past three years. On his interview to StockWatch, Laiki Group General Manager, Christos...
23/08/2004
Chairman of the House Finance Committee, Aristos Chrisostomou said on Monday that the Committee’s intention is to complete the examination of all pending bills or regulations in the second half of...
23/08/2004
After the acceptance of the Labour Minister’s conciliatory proposal by the hotel employees’ trade unions OYXEB-SEK and SYXKA-PEO, PASYXE and STEK must decide on Wednesday whether they will accept the...
23/08/2004