CPI inflation up 3.2%

The rate of inflation as measured by changes in the Consumer Price Index jumped 3.22% in July 2006 compared to July 2005, but on a monthly basis, the CPI edged lower, the

Cyprus FX borrowers to see costs rise

Will the CB follow the ECB upwards? Borrowing costs for the many Cypriots who have taken out euro loans will rise this week after the expected increase in European Central Bank (ECB)

Opinion – Christodoulou: Keep up the pressure

The top hierarchy of the island’s closely tied and highly secretive banking community is shaking following yet another timely intervention by the Governor of the Central Bank, Christodoulos Christodoulou, who has embarked

The birth of the Cypriot Societas Europaea

Presented by: Andreas Neocleous & Co. Following Cyprus’s accession into the European Union in 2004, Andreas Neocleous & Co was commissioned by the government of Cyprus to draft the necessary amendments to

CDB to invest in new IT system

The Cyprus Development Bank, recognizing that technology is a critical factor in its future growth, has taken a strategic business decision to invest in state-of-the-art IT systems, which will allow it to

Green Dot in first packaging management system

The Cypriot Minister of Agriculture, Natural Resources and the Environment, Mr. Photis Photiou, issued the licensing of the Collective Packaging Management System, organized by Green Dot Cyprus, with effect from the 1st