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The retail market in Cyprus is due for a major overhaul if the proposed draft change of the local shopping hours prepared by the Ministry of Labour and Social Insurance and pending before the Council of Ministers is adopted in its present form. The small-shopkeepers union, POVEK, is adamantly opposed to the new measures saying

Hellenic Petroleum, EKO, hiked its retail fuel prices yesterday by 2 cents a litre for diesel and 3 cents a litre for petrol. The unleaded 98-octane petrol was raised to 59.1 cents a litre, while the 95-octane product went up to 57.2 cents. Low-sulfur diesel was raised to 53.8 cents a litre, and heating diesel

…BOC first candidate for International Sophocleous The Chairman of the Athens Stock Exchange is due in Cyprus on September 16 to initiate a number of agreements with the CSE, chief among them being plans to set up a common trading platform and include Cypriot titles in the new International Market index of the ASE. CSE

…as the stock continues higher on CSE Bank of Cyprus shares fell 0.02% in Greece on Wednesday at EUR 3.70 or CYP 2.12 in line with a moderate decline in Greek stocks and for the first time in a month is trading at a lower level than the CSE price, which on Wednesday hit a