Cyprus tax plans play havoc with car sales

Figures on motor vehicle registrations show that the anticipation of car-tax changes had played havoc with car sales in the past few months. Parliament is expected to approve cuts in excise duties

Cyprus destroys 4,5 tonnes of Carrefour meat

  Cyprus authorities have destroyed some 4,5 tonnes of beef, pork and lamb which they deemed as “unsuitable for consumption” after seizing the meat from the stores of Chris Cash and Carry/Carrefour

Euro campaign runs into trouble

Banks to lose CYP 30-35 mln   The campaign to adopt the euro on January 1, 2008 is headed for trouble following serious concerns among Cypriots that it will lead to rampant

Cyprus GDP growth seen above 3%

Intercollege forecast for 3Q and 4Q   The Cyprus economy is expected to grow at an annual rate of 3.06%, according to a statistical model developed by the Intercollege School of Business

OPEC views vary on oil cuts

Oil ministers are at odds over whether to cut production by 1 mln barrels a day to stabilise falling oil prices — as announced two weeks ago – from quotas or from

Common Platform set for a bad start

The Common Trading Platform (CTP) of the Cyprus Stock Exchange with the Athens Stock Exchange could face a troubled start on October 30 as members of the Cyprus Financial Services Association have

Dividend reinvestment on freeze

All investors who have signed contracts with the likes of Bank of Cyprus to have their dividends reinvested into shares at a prearranged discount (10% in the case of BOC) will not