Retail sales plunged in January

Retail sales, both in terms of volume and value plunged sharply in January 2005, according to the Department of Statistics. The Turnover Volume Index of Retail Trade for January 2005 decreased by

Laiki issues positive forecast

The Laiki Group (CPB) issued a positive profit forecast announcing that the financial results for the first quarter of 2005 will show an improvement compared to the corresponding period of 2004. The

Attorney General to submit resignation

Attorney General Solon Nikitas has announced that he will submit his resignation to President of the Republic Tassos Papadopoulos. In a written statement, he expresses ‘regret’ at a decision by the Supreme

Cyprus to enter ERM on Monday?

Good political reasons for doing it now The Cyprus pound could quietly slip into the Exchange Rate Mechanism (ERM) over the holiday weekend, one year after it entered the EU, and officially

Bin the Constitution, maintains The Economist

While most EU leaders fret about what will happen to the grand European project if French voters reject the Constitution on May 29, Economist Europe Editor Bruce Clark explained why the ‘newspaper’,

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