Home prices rise in March by 0.4%

Average home price at CYP 85,896 In March 2006, the selling price of residential property in Cyprus recorded a marginal increase of 0.4% from February 2006 according to the latest results from

Tourism escapes jump in visa fees

Sometimes being a new member state has its advantages. Cyprus has managed to escape a large increase in visa fees for non-EU nationals that was agreed by EU ministers last week, thus

Brussels awaits CYTA-LTV verdict

The Competition Directorate General of the European Commission is eagerly awaiting the Cyprus Competition Commission’s final verdict regarding CYTA’s deal with LTV, which may be delayed due to the complex issues involved

Cyprus to launch euro information programme

On Friday this week Cyprus will be signing a cooperation agreement with the European Commission on information for the European citizen regarding the euro. The Cyprus pound entered the Exchange Rate Mechanism

Hellenic Bank profit seen up 54%

Hellenic Bank is forecast to boost net profit during the first quarter of 2006 by 54.1% year-on-year to CYP 4.6 mln from CYP 3 mln a year ago in the first quarter

Orphanides revalues properties

Orphanides Public Co. (ORF), the largest supermarket chain listed on the CSE boosted its book value per share sharply higher after a major revaluation of its real estate and property holdings. The

BOC breaks above CYP 4.5 in Greece

Bank of Cyprus shares broke through the psychological barrier of CYP 4.5 for the first time in six years in Greece, while in Cyprus, the shares also touched a fresh record high