Cyprus stocks regained their upward momentum, with the Main & Parallel market index recording gains of 4,14%, according to Hellenic Bank Investments Ltd. The market was digesting preliminary full-year earnings, which as a whole could be viewed in a positive light. Average daily trading volume was a little lower than the prior week at CY

Cooperation between the Cyprus Stock Exchange (CSE) and the Athens Stock Exchange (ASE) to create a common platform “marks a new era for the Cypriot stock exchange,” said CSE President Akis Kleanthous. In statements after the signing of the cooperation framework between the CSE and ASE to form a common platform that will support the

Cyprus is participating with a national pavilion in the Salon de l’Agriculture being held in Paris, from 26 February to 6 March 2005.| Participating in the Cyprus pavilion are the Ministries of Commerce, Industry and Tourism and Agriculture, Natural Resources and the Environment following an invitation by the French Ministry of Agriculture. An official statement

The consumer price inflation rate inched down to 2.8% year on year in February 2005, compared with 2.9% in January. On a month-on-month basis, prices remained almost the same, rising by just 0.03%. The Consumer Price Index for February 2005 increased by 0.03 units to 118.75 units compared to 118.72 in January 2005. This is

The VAT rate for taxi journeys is set to drop to 8% from the current 15% following a decision by Minister of Finance Makis Keravnos. The minister had come under pressure from the taxi drivers’ association, who demanded a cut in the tax to offset the steep rise in the cost of fuel–the result both