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The Economic Intelligence Unit (EIU) forecasts that the growth rate of GDP for 2005 will reach 3.8% vs. 3.7% in 2004, according to its Country Report on Cyprus. Additionally, the EIU forecasts

The trade deficit in the first half of 2005 was up 1.2% to CYP 1.04 bln, according to figures released by the Statistics Department. Total imports/arrivals for the period January – June

The Board of Directors of Petrolina Holdings hiked its interim dividend to 2.5 cent per share from 0.8 cent a year ago and 1.4 cent for the whole of 2004 on the

Libra Holidays Group Pcl (LHG) issued a negative profit warning following Helios Airways’ aircraft crash on 14 August 2005. Helios Airways Ltd is a wholly owned subsidiary company of LHG. The management

Emporiki Bank Group S.A. of Greece announced that it has reached a preliminary accord with two Cypriot investors to sell its 75.02% stake in its Cyprus subsidiary, Emporiki Bank (Cyprus) Ltd, subject