Cyprus House approves 2007 state budget

The Cyprus House of Representatives after a three-day debate approved late Thursday the state budget for 2007, Cyprus‘ last budget before its entry to the EU Economic Monetary Union (EMU) on January

CSE extends trading time

The Cyprus Stock Exchange announced that on December 22 and 29, 2006, the trading will be extended until 17.00, reversing an earlier decision to shut down the Exchange from 13.00.  The timing

Post faces CYP 50.000 fine

… as monopoly on small mail scrapped from 2009   The Telecom and Post Regulator has decided to impose a CYP 50.000 or EUR 87.500 fine on the Postal Service for not

LOT to increase weekly flights from 3 to 4

LOT Polish airlines will increase the number of flights between Warsaw and Larnaca from three a week to four due to greater demand on this route. Poland’s Ambassador to Nicosia, Zbigniew Szymanski,

Woolworth invests in Limni Resorts

Woolworth (Cyprus) Properties Public Ltd has invested in Cyprus Limni Resorts & Golfcourses Plc with the acquisition of the share capital of N.K Shacolas Merchants Ltd At a meeting held on December

Slovenia’s countdown to the euro

With only ten days to go before Slovenia adopts the euro, the final practical changeover preparations are well under way and everybody, from the banks to the retail sector and consumers themselves,

Bank of Cyprus Board meets on Piraeus

Bank of Cyprus Board of Directors were meeting behind doors today after receiving the proposal made by Piraeus Bank. A statement by BOCY said the Board is studying the package without elaborating