The Central Bank of Cyprus and Ministry of Finance are encouraging businesses to start pricing and invoicing in both Cyprus pounds and euros immediately, using an exchange rate that will be announced
No consensus was found during the G8 summit on energy security on Thursday. The G8, which consists of the US, Japan, Canada, Russia, Germany, France, the UK and Italy, were divded over
Alternate telecom provider OTEnet Cyprus, a subsidiary of the Greek telecom giant has filed an official complaint with the Competition Directorate General of the European Commission regarding CyTA’s deal with LTV. OTEnet
Communications Minister Haris Thrasou ordered the Civil Aviation Department to block the maiden flight of ajet, which has taken over the operations and aircraft of Helios Airways. “At 9.15am Friday morning, the
PrimeTel, the strategic partner of the EAC in the telecommunications has extended its pilot scheme to selected sectors in the major cities, offering subscribers 3-month testing free of charge, which in usual
The harmonised consumer price inflation (HICP) rate, compiled in accordance with EU-wide methodology, showed that inflation was subdued in February. The index actually fell by 0.04% on the previous month to 100.18
Motor vehicle registrations in Cyprus have yet to recover from the rush to buy vehicles after the steep cut in excise duties for a range of cars in late 2003. Data for
