Construction materials prices up 5.3% in 2007

Copper pipe prices up 57.7%   The price index of construction materials rose by 5.34% in January-December 2007, according to the Statistical Service Cystat. For December 2007 alone the index reached 141.79

Cyprus industrial turnover up 15.1% in Oct 2007

The industrial turnover index (comprising mining and quarrying, manufacturing, electricity, gas and water supply) for October 2007 reached 157.4 units (base 2000=100), recording an increase of 15.1% compared to October 2006. For

Bank of Cyprus profits sustainable

…no exposure to sub-prime risk Bank of Cyprus profits are sustainable based on core banking operations and excellent relations built with clients in Cyprus and abroad, said Bank of Cyprus Group CEO

SEPA goes Live

Official Launch of the Single Euro Payments Area   To mark the official launch of the SEPA (Single Euro Payments Area), Charlie McCreevy (Internal Market and Services Commissioner, European Commission), Gertrude Tumpel-Gugerell