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Christis Dairies books huge losses

Christis Dairies (CDL) reported a huge loss when reporting its 2004 preliminary results on the back of falling sales, and extraordinary losses sustained from the termination of unprofitable activities. Christis reported that

CSE dives as funds trim BOC positions

Equity prices on the Cyprus Stock Exchange (CSE) nose-dived 3% on Friday following a sharp decline witnessed in the shares of Bank of Cyprus trading in Greece. The stamepede for the exits

House protests US visit to occupied north

Acting President of the Cyprus House of Represetnatives Vasos Lyssarides has expressed the discontent and indignation of all the parliamentary parties with respect to the arrival in the Turkish occupied north, through

Turkish Cypriot coalition could take some time

Turkish Cypriots go the polls on Sunday for early parliamentary elections. But while the results will come out very quickly–as soon as Sunday night–the formation of a coalition will take rather longer.