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
Lycos Europe N.V., one of the leading European portal providers and online advertisers, agreed with Alter Finance Capital about the sale of its investment in Best of Media S.A. Lycos Europe’s investment
The Finnish communications service company Elisa has launched the world’s first commercial WCDMA 900 MHz network. Elisa’s new network is based on the WCDMA Frequency Refarming Solution from Nokia Siemens Networks, while
Western Digital Corp. announced it is now shipping its new WD Scorpio 320 GB 2.5-inch Serial ATA (SATA) hard drives for notebook computers and portable storage devices. WD uses advanced head and
On the basis of preliminary estimates for foreign trade in September 2007, the trade deficit in January-September rose by 13% year on year to reach CYP 2.18 bln, compared with CYP 1.95
By John O’Donoghue Consultant Adviser, Caratfin Ltd.  October saw another bumper month for the medium risk portfolio, with a further gain of over $20,000 booked. Our total value now stands at
The Board of Directors of Bank of Cyprus decided to declare and pay an interim dividend of CYP0,11 (or EUR0,188) per share for a yield of 1.4% based on current prices of
The Cyprus Stock Exchange announced the suspension of trading of the titles of Champignon (Cyprus) Public Company Ltd from November 9, 2007 and until its delisting, after the EGM approval for its
Economic growth across the EU will slow in 2008 because of a weaker US economy and problems in global financial markets, the European Commission says. Brussels is now forecasting 2.4% growth in
