CSE demands fee reduction to 0.15%

The government and the majority of the members of the House Finance Committee are backing a request submitted by the Chairman of the Cyprus Stock Exchange (CSE) Akis Kleanthous seeking to reduce

Zorbas Q1 profits rise by 12.6%

A. Zorbas & Sons Public Co. (ZRP) reported a satisfactory increase in first quarter sales and profits, with results boosted by the addition of new retail outlets. Total turnover climbed 15.8% to

Laiki profits rise 42.5%

The Laiki Bank Group (CPB) reported a 42.5% increase in net profits to CYP 9 mln during the first quarter, boosting total operating income by 10.4% while squeezing cost increases to 8%,

Aid to T/Cypriots at CYP 157 mln

Greek Cypriots have provided Turkish Cypriots total financial and economic aid amounting to CYP 157 mln in the two years since the crossing restrictions were eased. Government Spokesman Kypros Chrysostomides said that

Budget surplus in first quarter

The central government budget posted a surplus of CYP 92.1 mln (cash basis) in the first quarter of 2005, compared with a deficit of CYP 22.1 mln in the same period of

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