Cyprus Airways Chairman resigns

Constantinos Loizides, Chairman of the Board of Directors of Cyprus Airways, resigned his post on Wednesday night, ending weeks of speculation on when he would tender in his resignation in the face

Bet tax to be slashed to 8%

The government is reported to be close to tabling new legislation, slashing the bet tax on fixed-odds games like football, FI and other international sports from 25% to 8%. The bet tax

BOC hits fresh record high

Bank of Cyprus shares trading on the ASE finally made a clear break above EUR 3.34 resistance, touching an intra-day high of EUR 3.44 or CYP 2.00 on high volume, which helped

Savvides takes helm at CAIR

The Council of Ministers appointed the chairman and vice chairman of the Board of Directors of Cyprus Airways as well as two new members. The new Chairman is Lazaros Savvides, current Permanent

Erdogan to discuss Cyprus with Annan

Ankara (dpa) – Turkish Prime Minister Recep Tayyip Erdogan is to meet U.N. Secretary General Kofi Annan in Madrid on Friday for what will be the first meeting between the two since