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Doubts about Turkey EU date

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Doubts have been raised about whether Turkey can start accession negotiations with the European Union as planned on Monday, as Austria, which opposes EU membership for Turkey, refused to endorse the negotiating framework. Without approval of the negotiating framewoek, talks cannot begin. Britain, which holds the EU rotating presidency, has called for an extraordinary meeting

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10-year bond yields tumble to 4.22%

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The latest bond auction conducted by the Central Bank for 10-year bonds and 52-week T-Bills was heavily oversubscribed with prices jumping to a record as yields, which move in the opposite direction fell sharply. During the auction held on September 28, 2005, the Central Bank was swarmed with CYP 481.06 mln of bids for the

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Cyprus and Recognised Organisations sign maritime agreement

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Cyprus and the Recognised Organisations signed an agreement on Thursday governing the delegation of statutory surveys, inspections and certification services for ships flying the Cyprus flag. Following the signing of the agreement, the President of the Department of Merchant Shipping, Sergious Sergiou, said “a new era begins in the relations of the Republic of Cyprus

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