The major issues in today’s financial press are the circular sent to Laiki staff by the Managing Director, Andreas Vgenopoulos and the consumer tax on heating oil. The “Economy” inset of newspaper “...
According to Finance Ministry data released recently, the public finances in the first nine months of 2006 have showed improvement. The budget balance showed a surplus of £3 million (0.04% of GDP)...
In an announcement released today, the Board of Directors of Marfin Financial Group evaluated the Public Offer of Popular Bank to its shareholders as positive, taking into account the Merrill Lynch...
Laiki Investment, which will be listed in FTSE/CySE20, recorded nine-month profits of £3.2 million (€5.5 million) compared to £1.2 million (€2.1 million) last year. Its operating profit before the...
According to latest CYSTAT data, domestic cement sales in October 2006 recorded a sharp increase of 10.1% to 150 thousand tons against 136.3 thousand tons in the corresponding month of 2005, when...
After four years of dividend aridity, Hellenic Bank decided on Friday to pay an interim dividend of 2 cents (€0.0346) for 2006. The interim dividend will be paid to the shareholders on December 22...
In view of the government’s decision to proceed to a tax reform on cars, approved by the Parliament on November 2, the sale of private saloon cars was exceptionally low in October. According to...
The major issues in today’s financial press are the promotion of economy abroad by the Cyprus Chamber of Commerce and Industry, CYSTAT’s data on the building permits and the equal salaries between...
The government’s talks with the political parties on the enforcement of the Revised Convergence Program 2006-2010 have entered the final stages. After its accession in the EU, Cyprus has to prepare...
The need to reduce the tax on stock exchange transactions has surfaced once again, after the statements of the Greek Finance Minister, Giorgos Alogoskoufis that charges in the Athens Stock Exchange...