According to Finance Ministry data released on Friday, the state revenues recorded an increase of 19.1% in the first ten months of 2005, while the fiscal balance had a surplus of £31.4 million (0.4%...
At the meeting between the Cyprus Chamber of Commerce and Industry and IMF representatives held on Friday, the two parties had talks on the current developments and the prospects of the Cyprus...
The new compensation plan of Cyprus Airways is in the hands of its employees. The plan covers all the permanent staff, which must give an answer to the dramatic dilemma whether it will stay in the...
The Council of Ministers approved on Wednesday the allocation of an extraordinary Christmas bonus to the refugees that receive a state aid, equal to the monthly benefit that are entitled to in...
A three-member group of the International Monetary Fund, headed by Alexander Hoffmaister, Deputy Division Chief of the European Department, is currently in Cyprus for a limited number of...
The House Finance Committee approved unanimously on Monday 8 amendments of the state budget, House Finance Committee Chairman and DIKO MP, Aristos Chrisostomou stated after the end of the in camera...
Finance Minister, Michalis Sarris will fly to Brussels on Monday to attend the Ecofin meeting. The meeting will review the economic reform, the ways to deal with the challenge of globalization and...
The high fiscal deficits in the past few years have already started to improve and the results of the fiscal discipline are tangible after the island’s entry in ERM II on April 29, 2005, the House...
Oil companies are expected to proceed to further price cuts on oil on Monday. Petrolina Executive Director, Ntinos Lefkaritis and EKO Spokesman, Ntinos Papadopulos told StockWatch that the...
During his speech in London on the occasion of the anniversary of the Bank of Cyprus, which celebrates its 50-year presence in the United Kingdom, Finance Minister, Michalis Sarris referred to the...