SEK appealed to the government to reduce the taxes and the transfer duties for the purchase of a house in view of the imposition of 15% VAT on the sale of plots in 2008. In an announcement released...
Taking advantage of the EU structural funds is expected to create more opportunities in Cyprus. Speaking at a joint press conference with Commissioner for Regional Policy, Danuta Hübner, Finance...
17/04/2007
The Labour Advisory Committee session held on Monday focused on the minimum salaries. The Labour Ministry and the trade unions favour the review of the ministerial decree for the minimum salaries,...
16/04/2007
The House parties see positively the opening of new job posts in the public service but raised several questions with regard to the improvement of the quality of the state services and the increase...
16/04/2007
Marfin Popular Bank will inform its shareholders on Tuesday on the model of friendly cooperation with Bank of Cyprus. Speaking to StockWatch, Marfin Popular CEO, Andreas Vgenopoulos stated that...
According to CYSTAT data released on Thursday, the exports in February 2007 declined, while the imports remained stable. The exports dropped 21% to £45.3 million against £57.2 million in 2006....
12/04/2007
The European Central Bank left its interest rates unchanged at 3.75%. In the light of the ECB decision, the Monetary Policy Committee of the Central Bank of Cyprus will meet on Friday to set its...
12/04/2007
In order to encourage domestic tourism, PASYXE will release on Friday the new list of hotels for the summer season. The list includes 116 hotels and complexes. According to a PASYXE announcement...
12/04/2007
The Commission for the Protection of Competition believes that the allegations of Travelines Tourist Services against Cyprus Airways for an unfair cooperation with regard to the subsidization of the...
12/04/2007
According to CYSTAT data released on Wednesday, harmonized inflation in March 2007 stood at 1.4% against 1.2% in February 2007. The highest increases were observed in the sector of food – non-...
11/04/2007