The pension funds must submit an application for their registration in the Register of Professional Pension Funds, which will be supervised by the Labour Ministry’s Social Securities Services, within...
Finance Minister, Michalis Sarris, presented on Tuesday the Code of Fair Pricing in commercial transactions in view of Cyprus’s accession in the euro area. According to Mr. Sarris, the Code is...
26/06/2007
The Finance Ministry believes that dealing with the citizens’ concerns on the unjustified price hikes at the adoption of the euro is very important. It, therefore, proceeded to the preparation of a...
22/06/2007
The European Council approved on Thursday Cyprus’s accession in the EMU on 1/1/2008. Speaking at a press conference in Brussels, President of the Republic, Tassos Papadopoulos said that it is a very...
22/06/2007
The House Finance Committee decided on Monday to forward to the plenary session certain amendments on the adoption of the euro to protect consumers from the phenomenon of profiteering from 1/1/2008...
18/06/2007
In its latest report for Cyprus, the Economist Intelligence Unit that tourist arrivals will continue to fall and this might affect negatively the growth rate in 2007. The EIU believes that this is...
18/06/2007
In a report released recently, the National Bank of Greece Research Center supports that the good performance of the Cyprus Stock Exchange will continue. According to the report, the CSE soared 126....
The employees in the Electricity Authority of Cyprus are on a 24-hour strike on Wednesday, protesting against the Council of Ministers’ decision on the construction of a floating terminal for the...
13/06/2007
After the Republic’s decision to sell the stake of 88% that it holds in the Cyprus Development Bank, the other shareholder – The European Investment Bank – decided to sell its stake of 12% too....
06/06/2007
The ECOFIN meeting approved on Tuesday the accession of Cyprus and Malta in the EMU on 1/1/2008. “The Council ratified the first step towards the adoption of the euro in Cyprus and Malta”, the...
05/06/2007