This summer Europe’s consumers will be able to take advantage of cheaper roaming rates as the EU Roaming Regulation entered into force across the EU on 30 June. The Regulation effectively means
Woolworth Cyprus Properties (FWW) announced that its subsidiary company ITTL Trade Tourist and Leisure Park Ltd submitted a tender to Loizos Iordanou Ltd for the construction of two additional buildings for commercial
Overall tourism arrivals may be falling in Cyprus, but data on expenditure per tourist show a small silver lining, with rising expenditure per head. Average tourist expenditure per capita rose to CYP
The unemployment rate in Cyprus dropped sharply in the first quarter of 2007 compared with the same period of 2006, according to the quarterly Labour Force Survey. The number of unemployed reached
PSA Peugeot Citroen and Chinese carmaker Hafei have signed a memorandum of understanding to start a feasibility study of a 50-50 joint venture that will manufacture small people movers of under 10
Moody’s Investors Service announced the first sovereign ratings ever assigned to the Republic of Albania – a Ba1 country ceiling for foreign-currency bonds and an issuer rating of B1 for the debt
New franchise operator looks to Europe  With commercial property prices rising steadily in tandem with the spending power of Cypriot consumers, the ‘franchise wars’ has now moved to the beverages sector
EMED Mining Public Limited announced the appointment of Dr Michael Price to the board of directors. Dr Price is former joint global head of mining finance for Barclays Capital with extensive experience
Eurofreight Logistics Ltd. has won the innovation award services from the Cyprus Employers & Industrial Federation (OEV). This top distinction represents the collective efforts of the people of the Eurofreight. Having created
Biggest puzzle The biggest puzzle in the CSE is why SFS, with a p/e of 4.6 times on 2007 forecasted profits of EUR 17.2 mln is not moving higher from its current
