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

OPT profits surge 66% in Q1

Options Cassoulides (OPT), the printing and conference organising group reported a 66% increase in first quarter profits on the back a lower minority interest charge in the P&L. OPT reported that total

Multichoice profits dive sharply lower

Multichoice (Cyprus) Public Co. (MCC) delivered a disappointing but widely expected deterioration in profitability, mostly on the back of the shift to a digital platform and one-off charges related to a dispute