A fresh attempt to expand and upgrade the marina at Potima in Paphos as “the gateway to the west” will be made this year on a build-operate transfer basis, with a capacity for 1000 boats, of which 600 would be offshore. According to Politis, incentives for investors include an increase in the development area under

The budget deficit in Cyprus in the second quarter of 2005 widened to CYP 76.7 mln, compared with a deficit of CYP 49.1 mln in the second quarter of 2004, amounting to 3.9% of GDP, according to Financial Mirror calculations. We base our calculations on Statistical Service data dated September 13 which give GDP (at

Will the SEC cope with the common trading platform? Described by many as the person who brought order to the chaotic situation prevailing immediately after the ‘99 boom and bust stock market situation, but accused by others as being the person responsible for killing off the stock market, Marios Clerides talks to the Financial Mirror

Further job cuts are expected at the troubled Cyprus Airways (CAIR) as part of the new strategic plan to be submitted to the government next week, the airline’s vice president Frixos Savvides said Tuesday. The national carrier, which announced net losses of CYP 20.4 mln for the first half of this year, laid off 200