The total sales of petroleum products recorded a decrease of 1.6% compared to the previous month in April according to the Statistical Services. In April alone significant decreases month on month were recorded again in the sales of products which are consumed for heating. Sales of Kerosene decreased by 59.9%, Gasoil by 39.5% and Liquefied
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On the basis of the results of the Passengers Survey, 79,551 residents of Cyprus returned from a trip abroad in April 2007 compared with 81,206 in the corresponding month last year. This translated into a year-on-year a decrease of 2.0%, after a rise of 25.6% in March and 23% in February. Easter is not obviously
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Cyprus Government Spokesman Vassilis Palmas said on Tuesday that the Cypriot government did not have any information on scenarios for the promotion of the so-called special status partnership between the EU and Turkey in exchange for the adoption of a regulation for trade with the areas of Cyprus over which the government does not exercise
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The government pledged continued support to Cyprus’ vital tourism industry promising to upgrade the tourism product for the benefit of all, said President of the Republic of Cyprus Tassos Papadopoulos.He assured that the government will implement measures it has already announced.In his address at the opening ceremony of the Hoteliers’ Pancyprian Association General Assembly held
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President Tassos Papadopoulos said on Tuesday that he enjoys mutual appreciation and close friendship with President of the House of Representatives and General Secretary of AKEL Demetris Christofias, with whom he has much to say on various issues, not only the forthcoming presidential elections.Asked about the agenda of his meeting on Wednesday with Christofias, President
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Vassiliko Cement Works Pcl (CVW), Cyprus’ leading cement producer and exporter reported a 22.6% jump in net profits during the first quarter to EUR 3.98 mln from EUR 3.24 mln in the same period in 2006 on the back of higher sales to the booming construction sector as well as its success in restricting cost
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Sharelink Securities & Financial Services has upped their net profit forecast for Muskita Aluminium Industries (MAI) from EUR 10.5 mln to EUR 11.6 mln following the above-expected results reported for the first quarter of 2007 and increased their share price target. Sharelink are projecting total revenue of EUR 68 mln for 2007, supported by signs
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For the third consecutive year, the European Commission is supporting the International Missing Children’s Day on 25 May, organised by the European Federation for Missing and Sexually Exploited Children of which the main purpose is to spread a message of hope and solidarity at the international level. To strengthen its actions in favour of children
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With the adoption of its Green Paper today, the Commission is launching an open public consultation on the Regulation regarding public access to European Parliament, Council and Commission documents (Regulation 1049/2001). This consultation marks a further step in the drive towards more openness, triggered by the European Transparency Initiative, which was launched by the Commission
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The Kof economic Barometer rose to 1.96 in May after 1.90 in April (not revised). The May figure is slightly above Citigroup forecast, and the consensus, of 1.95. For the fifth month in a row, the Kof economic barometer remained on its upward trend in May, rising to its highest level since October 2006. The
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