Laiki buys Serbia bank

Laiki Bank has made its first acquisition of a foreign bank, by purchasing the capital of Belgrade based Centrobanka for EUR 38 mln, according to Serb newspaper reports. A Laiki Bank spokesman

Unemployment edges lower

The number of unemployed persons registered at the District Labour Offices on the last day of October 2005, decreased by 854 compared with September 2005 and reached 10.695 persons or 3,0 %

Building permits give mixed picture

The Statistical Service announced that the number of building permits authorized by the municipal authorities and the district administration offices during August 2005 stood at 597 for a month-on-month decline of 2.8%

Tsokkos 9-month profits seen 2.8% higher

The Board of Directors of A.Tsokkos Hotels Public Ltd will meet on November 29, 2005 at the Constantinos The Great hotel in Protaras to examine the results for the period ended September

Cyprus President criticises US stance

Cypriot President Tassos Papadopoulos accused the US of having unclear positions on the Cyprus problem on Thursday. Speaking at Larnaca Airport prior to his departure for Paris, he said that until recently

Cyprus inflation tips over 3%

The Consumer Price Index for October 2005 increased by 1.37 units or 1.12% compared with the previous month to 124.13 units compared with 122.76 in September 2005. According to the Statistical Service

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