Stocks erase early losses

Cyprus stocks reversed early losses on Monday and tracked European stocks higher as bargain buyers stepped in at the lows. Shares came under pressure after an unexpected decline in US nonfarm payrolls

Motor registrations up 33.2% in August

Motor vehicle registrations rose by 33.2% to 5,064, bringing the total for the year to 45,349, also a rise of 33.2% on January-August 2006. In January-August registrations of private saloon cars rose

Cyprus interest rates kept unchanged

The official interest rates of the Central Bank of Cyprus, that is the minimum bid rate on the main refinancing operations, the interest rate on the marginal lending facility and the interest

Cyprus GDP at 3.7% in Q2 from 4% in Q1

Time for business to tighten belts? The Statistical Service has produced its first full breakdown of real GDP growth in the second quarter, showing real GDP growth of 3.7% on the back

Egnatia lifts CTC target to EUR 2.18 per share

Cyprus Trading Corporation Plc released its 1H07 results with Net Profit before Minority Interest reaching CYP 2.57m (+24.1% YoY), 4.2% below Egnatia Financial Services estimate of CYP 1.30m. The negative contribution of