The 25 EU leaders ratified on Wednesday the ECOFIN agreement for the reformation of the Stability and Growth Pact. The fiscal targets for a deficit below 3% and a debt below 60% of GDP have not...
The bill for the restructuring of the state payroll was among the issues of discussion at the meeting of the House Finance Committee on Monday. According to the memo, the bill aims to simplify the...
21/03/2005
Central Bank Governor, Christodoulos Christodoulou will fly to Athens on March 17 to sign a memorandum of cooperation with the Bank of Greece. As the CNA reports, the memorandum of cooperation is...
16/03/2005
According to CYSTAT data released on Wednesday, the annual growth rate of the Gross National Product stood at 3.1% in the last quarter of 2004. Despite the fact that it was the lower growth rate in...
16/03/2005
According to a survey carried out by RAI Consultants and presented by Laiki Group on Wednesday, Cypriots are pessimistic for the island’s economy after its accession in the European Union....
16/03/2005
The Council of Ministers gave the go-ahead to Finance Minister, Makis Keravnos on Friday to sign an agreement on behalf of the Republic of Cyprus for the raise of a loan of €80 million by the...
11/03/2005
Cyprus will be the only country in the world with a tax of 25% on telephony, if the government approves the bill for an increase in the VAT on phone calls from 15% to 25%, DISY Deputy Chairman,...
11/03/2005
The meeting of the House Audit Committee for the “possible squandering of public money by the Cyprus Development Bank” is currently in progress behind closed doors. “We are talking about a public...
09/03/2005
According to JCC Payment Systems data released on Tuesday, credit card transactions by Cypriots in January-February 2005 showed an increase of 9%, while the total number of transactions increased by...
08/03/2005
Head Executive Manager of the Bank of Cyprus Group, Andreas Eliades urged ETYK to show understanding to the problems that the banking sector has at the current stage. In his interview to StockWatch...
07/03/2005