Rates set to rise 75bps by March ’07

Cyprus interest rates are forecast to rise by 75 basis points by March 2007 according to the Economist Intelligence Unit Country Report update for October, while the GDP growth rate has also

New plan for shopping hours next week

Labour Minister Antonis Vassiliou said that he is ready to submit a “fair yet radical” bill of legislation to regulate shopping hours and types of stores some time next week. He said

Effects of globalization on Europe

The European Commission delegation in Cyprus and the office of the European Parliament are organising an open discussion with civil society in Limassol on Thursday, October 5, at pm, where the main

Laiki touches CYP 3.00 backed by Marfin

Laiki Bank (CPB) shares powered ahead on Wednesday on the CSE touching the psychological level of CYP 3.00 for the first time in many months, backed by steady buying interest from Marfin

CTC extends Ermes offer

Due to the significant interest expressed by the shareholders of Woolworth (Cyprus) Properties Public Ltd and the investing public for the acquisition of shares of Ermes Department Stores Public Ltd within the

Muskita to invest in its UK plant

The Board of Directors of Muskita Aluminium Industries Plc decided to proceed with an investment of EUR 1.5 mln for the purchase and installation of robotic manufacturing machines and robotic storage space

Irish President to visit Cyprus

Irish President Mary McAleese arrives in Cyprus on October 9 for a two-day official visit, at the invitation of Cypriot President Tassos Papadopoulos, Government Spokesman Christodoulos Pashiardis announced here Wednesday. Mcaleese, accompanied