The Cypriot three largest banks have many challenges to face, despite their profitability and asset quality in 2006, Fitch Rating said in a special report released today. According to Fitch, “all...
According to Eurostat data released on Wednesday, Cyprus has the 4th lowest rate of unemployment in the EU. Its rate declined from 4.9% to 4.3%. The lowest rates in March 2007 were registered in...
According to CYSTAT data released on Friday, car registrations have showed an increase in March 2007. Specifically, the used car registrations surged 62.9% to 2,412 compared to 1,481 in the...
Cyprus’ preparation for the adoption of the euro has entered a mature stage, outgoing Central Bank Governor, Christodoulos Christodoulou stated. At a press conference held on Thursday, Mr....
During the press conference on the occasion of the presentation of the Annual Report of the Central Bank of Cyprus for 2006, outgoing CB Governor, Christodoulos Christodoulou reviewed the...
Within the framework of “The Cyprus Day in Greece”, Deputy Managing Director of Marfin Popular Bank, Christos Stylianides presented the bank’s plans, which concern its expansion to Russia and...
According to CYSTAT data released on Monday, the Building Material Price Index in March 2007 recorded an increase of 4.5% to 136.14 points against 130.27 in the corresponding month of 2006. The...
The House Finance Committee examined on Monday a harmonizing bill on the increase in the VAT ratio from 5% to 15% on liquid gas cylinders and respirators. At first sight, the parties seem to favour...
Land Register Manager, Andreas Christodoulou stated on Monday that the increasing property prices will slow down. In his interview to StockWatch, Mr. Christodoulou stressed that the prices will...
According to CYSTAT data released on Friday, the trade deficit in January 2007 recorded an increase of £14 million to £201.9 million compared to £187.9 million in the corresponding month of 2006....