Now’s the chance to reform the CTO

The new Minister of Commerce, Industry and Tourism has a golden opportunity to push through some radical reforms in the government’s ailing tourism infrastructure. Having been recruited from the trade sector where

DB says BOC bid ‘better’

Marfin drops out of Emporiki race Alpha Bank to decide by July 25 Deutsche Bank has described the Bank of Cyprus takeover bid for control of Emporiki as more attractive compared to

Piraeus eyes 9.9% stake in BOC

Piraeus Bank reiterated its goal of reaching the threshold of 9.9% of the capital of Bank of Cyprus, after confirming on the ASE that its total holding until last Friday amounted to

CPI eases to 3.02% in June

Having hit 3.13% in May, consumer price inflation eased a tiny bit to 3.02% in June compared with the same month of 2005. The month-on-month inflation rate was 0.13%, compared with 0.09%

Cyprus army helicopter crashes killing crew

A National Guard helicopter crashed near the south western coastal town of Paphos Wednesday, killing both crew members, a Russian trainer and a Cypriot officer, while on an exercise flight. The Russian-made

Papadopoulos-Talat meet at last

Republic of Cyprus President and leader of the Greek Cypriot community Tassos Papadopoulos and Turkish Cypriot leader Mehmet Ali Talat met after a gap of more than two years on Monday, with

Britain-Cyprus to co-operate on security

Relations may be cool on the surface, but underneath Cyprus and Britain continue day-to-day co-operation. On Monday British Minister of State responsible for Counter Terrorism and the Middle East, Kim Howells, was