Non-performing loans weigh on Bank results

As the island’s three largest banks scored a massive improvement in their core profits during 2004, with Bank of Cyprus and Laiki reporting a spectacular improvement in net profits, the high level

ECOFIN says budget target plausible

The Economic and Financial Affairs Council ECOFIN has praised Cyprus for its convergence programme, describing it as “aspiring but plausible” towards its aims to restore the budget deficit below three percent of

GranTurismo4 launch today

No news on the PSP yet Gibareio Ltd., sole official distributor of all Sony gaming products (PSone, PlayStation2, PSP) is launching the Gran Turismo 4, dubbed “the Real Driving Simulator” during a

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