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

ECB hikes borrowing rate to 3.50%

The European Central Bank raised its key interest rates, hiking the minimum bid rate on its main refinancing operations to 3.50% from 3.25%, while the Bank of England, Bank of New Zealand

Erasmus@20 celebrations underway

José Manuel Barroso, President of the European Commission, and Ján Figel’, Commissioner in charge of Education & Training, today hailed the ERASMUS programme for its leading role as a driver for modernising

EC on European Trade Defence

The European Commission has today adopted a Green Paper to launch a reflection and public consultation on the application of the EU Trade Defence Instruments in a changing global economy. This public

ECHR awards damages to Greek Cypriot refugee

The European Court of Human Rights (ECHR) has unanimously awarded a Greek Cypriot refugee 800,000 euros in respect of pecuniary damage for being prevented from living in her home and having access