Interest rates were slashed by another 50 basis points on Thursday following an unscheduled meeting of the Central Bank’s Monetary Policy Committee meeting. The rate reduction is effective from June 10, 2005.
Private meetings between Greek Cypriot and Turkish Cypriot representatives to try and break the deadlock over Turkish Cypriot exports to EU countries broke down on Wednesday, reportedly after anger by the Greek
— Cyprus exploration team ready Eastern Mediterranean Resources Public Limited (EMED), with copper exploration prospects in Cyprus, east and central Europe and Asia, listed on the Alternative Investment Market (AIM) on May
Cyprus and Egypt are expected to offer joint winter tourism packages in order to attract visitors in the quieter months of the year, while a shipping agreement is also expected to be
Turkey could sign the Customs Protocol with the EU in June, three months earlier than the expected signature in September, in a move which is seen as limiting opposition within EU member
In May 2005, home selling prices in Cyprus remained at the same level as April 2005, maintaining their accumulated increase of 2.5% since the beginning of the year. The BuySell Home Price
Thomson, a subsidiary of TUI, has entered into the Cyprus property market through its own real estate subsidiary, aiming to tap into growing demand for overseas property by UK residents. Thomson, Britain’s
OPINION In the spirit of Britain’s declaration this week that “the European Constitution is dead”, is it not time we declared dead the ambitious Strategic Plan for Tourism and focus on the
The European Commission has called for the suspension of the signing of the agreement between Hermes Airports JV and the Cyprus Government for the construction and management of the new airports in
