Moody’s Investors Service has affirmed the Baa1 issuer rating of Hellenic Telecommunications Organization S.A. (OTE) and the ratings of the MTN, global bonds and credit facilities issued by OTE PLC and fully
The Board of Directors of Buziba Ltd decided to submit a Public Offer for the acquisition of up to 100% of the issued share capital of Astra Self Drive Cars Public Ltd
The number of motor vehicle registrations in Cyprus reached 5,344 in October 2007, some 120% higher than the 2,433 registered in October 2006—a month before the big tax cut which has propelled
By the end of this year the Cyprus economy will record a fiscal surplus and not a fiscal deficit, Minister of Finance Michalis Sarris has announced to his Eurozone counterparts and EU
Chinese Ambassador to Cyprus Zhao Yali has described the value of trade exchanges between Cyprus and China during the first nine months of 2007 as historic, noting that they reached 505.6 million
By Kyriakos Tsioupras London (CNA) — Cyprus Tourist Organisation (CTO) President Panos Englezos appeared hopeful for a turnaround in tourist arrivals from the United Kingdom to Cyprus by the end of the
European Union specialist on animal disease Alberto Ladomada has said that Foot and Mouth Disease (FMD) has been confirmed in four farms in Cyprus and commended the Cypriot authorities on their work
President Tassos Papadopoulos said that the government will take all necessary steps to help set up a company for the import of natural gas. This, he pointed out, has to be done
The European Commission has forecast a stable growth environment for Cyprus in the next year and a further improvement in the economy including a decline in the fiscal deficit and steady inflation
Increased revenue from capital gains tax on property has been instrumental in boosting the Cyprus government’s revenue in the first nine months of 2007. The Inland Revenue Department reported that total revenue
