At a meeting held in New York between Foreign Minister, Erato Kozakou – Macoulli and the Arab League General Secretary, Amr Mousa, the two parties initialled a Memorandum of Understanding. As the...
DIKO announced on Tuesday that DISY and AKEL try to hit the achievements of the current government. In an announcement released today, DIKO MP, Antigoni Papadopoulou said that their caustic...
25/09/2007
The extension of the retirement age to the 65th year is the “main problem” for the achievement of an agreement among the social partners for the viability of the Social Securities Fund. In his...
25/09/2007
According to CYSTAT preliminary figures released on Tuesday, the retail trade volume index in July 2007 surged 10.3% to 152.5 points against 138.3 points in the corresponding month of 2006. In...
25/09/2007
DISY urged once again the government on Tuesday to cut the tax on heating oil. In his statements, DISY MP, Lefteris Christoforou said that the tax on heating oil must be cut by 1.3 cents. “It would...
25/09/2007
The new cameras in the streets of Cyprus will be installed in late 2009. In her statements before the Parliament, Transport Minister, Maria Malaktou said the state will evaluate their specifications...
25/09/2007
The sector of property continues to contribute heavily to the state revenues. According to latest figures, the sharp increase of 172.4% (£116.6 million) in the capital gains tax pushed the IRD...
25/09/2007
In a report released recently, Keefe Bruyette & Woods (KBW) refers to the positive course of Bank of Cyprus and Marfin Popular Bank in the domestic banking system and Greece and their prospects...
The major issues in today’s financial press are the delayed debts to the VAT, the state revenues from the increase in the price of fuel and the reactions to the government’s social measures. The “...
25/09/2007
Aspis Group is no longer interested in Universal Bank and decided to sell the shares that it holds, changing the share structure of the bank. After a one-year strong effort to acquire the small...