The expenses of the Cyprus’ three largest banks recorded a sharp increase in the past four years. Despite the freezing in employments and the recurring statements for a drop in the cost, expenses...
The government decided on Friday to grant £5.6 million to the T/C that have contributed to the Social Securities Fund for at least 3.5 years and have reached the 68th age. The sum will be allocated...
According to CYSTAT data released on Friday, the value of total imports and arrivals in March 2005 stood at £255 million against £241 million in the corresponding month of 2004. Total imports and...
According to the Central Bank Monetary Review, borrowing in Cyprus pounds and foreign currency recorded an increase in April 2005. Specifically, the Cyprus banks allocated loans of £29 million...
The Cyprus Corporate Governance Code ranks 12th among the codes of the 25 EU member states, an academic study revealed recently. According to Jim Psaros, Associate Professor of the University of...
The “European Summer Symposium in Macroeconomics (ESSIM)” will take place on Wednesday in Limassol and will be attended by 60 distinguished academics and economists from Europe and America....
The Central Bank’s rate cut by 25 points in February led to a sharp drop in the cost of housing credit. According to Central Bank data released recently, the interest rate that the three largest...
There are strong concerns about the future of the Cyprus shipping. Despite the beneficial boost of the world economic growth to international trade, the share of the Cyprus shipping is still...
According to the report of the Economist Intelligence Unit for April, the high foreign-currency borrowing in Cyprus might lead the Central Bank to cut its interest rates once again. The EIU believes...
Social expenditure increased sharply in the past few years, although its effectiveness has given rise to much controversy. According to Finance Ministry official data, social expenditure in 2000-...