In an effort to boost the finances of the Social Insurance Fund and ensure its survival now in jeopardy, the Labour Ministry is working on a number of options that will be
Minister of Finance Michalis Sarris has said that all financial data indicate that Cyprus will fulfill the Maastricht criteria for accession in the Eurozone on January 1st 2008. According to Sarris, the
The Board of Directors of Hellenic Bank Pcl (HB) declared an interim dividend of 2 Cyprus pound cent or 3.46 euro cents per share, its first such move during the last three
Alliance International Reinsurance Pcl (ALL) reported a sharp jump in 9M 2006 profit to EUR 1.44 mln from EUR 47k a year ago in the same period. Gross premiums written for the
The Board of Directors of Alliance International Reinsurance Pcl (ALL) decided the distribution of an interim dividend for the year 2006 at 7% on the nominal value of each share which is
The European Commission adopted a Communication setting out its agenda for revising the EU emissions trading scheme (EU ETS) in the light of experience gained since it began operating in January 2005.
The European Commission fixed definitive charges on five Member States or failing to prevent the build-up of surplus stocks of sugar prior to their accession in May 2004. The five countries –
Non-owners predominate as active farmers  The average agricultural holding in Cyprus is 35 decares in size, according to the results of the Census of Agriculture conducted between October 2003 and March
The European Commission will negotiate Community visa facilitation and readmission agreements with Albania, Bosnia and Herzegovina, the former Yugoslav Republic of Macedonia, Montenegro and Serbia. “This step reflects the commitment by the
Nokia and Finnish telecom operator Elisa have carried out the world’s first WCDMA/HSDPA data call on the 900 MHz band in a commercial network. The call was conducted in Elisa’s live network
