‘Younger’ Cyprus parliament sworn in

— Re-elects Christofias as House president The 56 members of a younger new House of Representatives were sworn in Thursday and went on to re-elect communist AKEL party Secretary General Demetris Christofias

Cyprus inflation sparks euro worries

Inflation rises above 3% again in May The consumer price inflation rate for Cyprus flipped back over 3% again in May, recording 3.13% compared with May 2005, having recorded 2.96% in April.

BOC set to enter Russia early ’07

FTSE/XA 40 inclusion from June 1 20% held by foreign institutionals Pension fund liability CYP 35 mln Having staged the most dramatic turnaround in the results of any large organisation in Cyprus,

EUR 100 mln fund to invest in Cyprus

European equities: still a good buy The SFM Group will launch the World Investment Opportunities Funds (WIOF) in Cyprus today, a Luxembourg fund of funds with some EUR 100 mln under management.