Cyprus Dev. Bank reviews privatization proposals

The Cyprus Development Bank announced that the process to sell the government’s 88,01% stake and the European Investment Bank’s remaining 11.99% is proceeding smoothly after the deadline for expressions of interest expired

Cyprus motor regs up 33.1% in H1

Total registrations of motor vehicles during the first six months of 2007 increased by 33.1% to 34,300, from 25,770 vehicles in the same period of 2006, according to the Statistical Service report

Industrial turnover up 8.3% in January-April

The industrial turnover index (covering mining and quarrying; manufacturing; and electricity, gas and water supply) for April 2007 reached 125.2 (base 2000=100). For April 2007 the index recorded an increase of 6,6%