The value of undeclared work or “black economy†in Cyprus during 2003 accounted for 4.2 percent of the country’s Gross Domestic Product (GDP), according to the latest figures released in Brussels by
— Residential development of 350 luxury apartments in Bucharest underway  Demetra Investment Pcl, Cyprus’ largest investment company, has invested EUR 13 mln in a major property deal in Bucharest’s Baneasa Gardens,
Boingo Wireless Inc., which provides access to the world’s largest network of Wi-Fi hotspots, is looking to expand its applications in Cyprus. Chris Gunning, Director of Marketing at Boingo told the Financial
An intense price war waged by Cyprus’ commercial banks in their bid to attract deposits is likely to hurt the property market, with bankers blaming the Central Bank for imposing tight liquidity
The European Commission has unveiled a Blue Card for skilled migrants, based on the US Green Card, in a bid to attract suitably qualified people and their families to live and work
The European Commission launched a campaign informing Cypriot citizens about their consumer rights both at home and in other EU countries. “EU laws have given consumers rights, but making laws is only
Cyprus Airways announced that it will continue the summer schedule and will fly three times per week to Bucharest, Romania. Bucharest was launched as a CAIR destination in May and the company
COMMENT: By Michael S. Olympios  When the Electricity Authority of Cyprus (EAC) couldn’t meet energy demands last summer half of the country’s capital experienced a blackout. Industrial units and hotels shut
At a time when the yellow Euro-bus campaign is strolling from village to village, or when Marfin Laiki prefers to use the lepta instead of the official cents, Hellenic Bank has shown
The CIIM Business School and the Management Centre are launching the 2007-2008 Business Plan Competition on Thursday at the Goethe Institute, next to Ledra Palace, Nicosia in order to encourage and promote youth
