ECB set to raise euro rate

The European Central Bank is widely expected to raise euro borrowing costs by a further 0.25 percentage point to 3.5% when policy makers meet on Thursday, while during the eagerly waited press

Comment: Corporate Disclosure

By Michael S. Olympios Chief Consultant Allied Consultants   Corporate disclosure is the cornerstone of healthy markets. But how much really corporate governance helped in that direction? I suppose the discipline of

New airport will be ready “ahead of time”

The island’s new airports will be delivered ahead of time, according to the chief executive of the multinational venture that will build and operate the brand new terminal buildings and runway extensions

Social insurance payments now online

Thousands of employers and the self-employed will now be able to pay their social security contributions over the internet online, 24 hours a day. It is hoped that this will save both

Refugee loan rates subsidised through banks

The government has decided to halve the waiting time for refugees seeking a loan for housing and from beginning of 2007 will subsidise the interest that refugees and those affected from the

Larnaca leads building permit growth

Urban Nicosia declines   Growth in the number of building permits authorised in Cyprus reached 8.8% year on year in January to September, down from 11.9% year on year in January-August. They