Bedros Kalaydjian, the Representative of the Armenian minority in the Cyprus parliament, died Thursday after a long illness. Kalaydjian, who turned 71 a week ago, served in the House of Representatives for two terms. He was first elected in the by-election of October 22, 1995 and at the parliamentary elections of May 26, 1996 and
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Bank of Cyprus and Laiki Bank Group are on track to record a better profit performance compared to the major Greek banks in the first half, a process that may possibly increase buying interest from foreign institutional funds at least on the BOC shares trading on Sophocleous. BOC saw its first half profits surge by
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DISY slams move as “unethical” Finance Minister Makis Keravnos resigned his post Tuesday, ending several months of speculation that he would take the helm of the troubled Hellenic Bank. President Tassos Papadopoulos accepted the resignation and appointed Communications and Works Minister Haris Thrassou as acting Finance Minister, fuelling rumours that a cabinet reshuffle is also
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What a difference tax makes Following complaints from two car dealers after our article on August 3, which presented European Commission data on manufacturers’ recommended retail prices for a range of models, we have decided to revisit the issue. The dealers said that the prices bore no relation to reality. In the original table from
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The UN Peace-Keeping Force in Cyprus (UNFICYP) has announced that effective 12.30 today, following agreement by the two sides, the Astromeritis-Zodhia crossing point will open. UNFICYP also announced certain temporary arrangements to facilitate crossings, including opening hours and speed limit. A press release said that crossing will be open to vehicular traffic between 06.00 and
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The Board of Directors of Hellenic Bank Group confirmed the appointment of Makis Keravnos, former Finance Minister as the Group’s new Chief Executive Officer with effect from September 1, 2005. Keravnos, an economist, had served until the very last day as Finance Minister in the government of Tassos Papadopoulos and before that as Labour Minister.
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