Harmonised inflation rises in July

The EU-harmonised consumer price inflation rate rose in July to 2.3%, compared with 1.7% in July. Compared with the previous month, prices fell by 0.7%. The main fall was recorded in prices

Options reports lower profit

Options Cassoulides Pcl (OPT) released its first half 2007 results, reporting a 33% year-on-year decline in net profit to EUR 1.04 mln or CYP 608.630 compared to EUR 1.5 mln or CYP

House prices tumble in Latvia

The end of the Baltics house price boom.   House prices have begun to fall in the Greater Riga area – a fall of 3.5% in the month of June 2007, following

Deutsche Bank Ratings Raised To ‘AA’

Standard & Poor’s Ratings Services said today it raised its long-term counterparty credit rating on Germany-based Deutsche Bank AG and various core operating entities to ‘AA’ from ‘AA-‘. The outlook is stable.

Cypriots head for UK, Russia

Cypriot residents headed for the UK and Russia in June, according to the latest results of the monthly Passengers’ Survey. According to the survey, 85,539 residents of Cyprus returned from a trip

Cyprus taking measures after FMD incident in UK

Minister of Agriculture, Natural Resources and Environment Photis Photiou said  that since Saturday the Republic of Cyprus has been taking emergency measures regarding the arrival of visitors from the United Kingdom at