Leptos defends Neapolis project

Pandora Investment Co., a member of the Leptos Group of Companies has defended its intention to build a multi-million pound project in the Neapolis area of Paphos, even though it has come

Yen interest rates expected to rise

More signs that the Bank of Japan could raise rates over the coming months came on Monday when one of the bank’s board members, Atsushi Mizuno, said that monetary policy should monitor

Cyprus growth reaches 3.8% in 2005

As forecast by the Financial Mirror According to the most recent data released by the Statistical Service CYSTAT, real GDP growth reached 3.8% in 2005–exactly in line with Financial Mirror forecasts made

CTO clinches 25.000 more German tourists

The Cyprus Tourism Organisation (CTO) is confident that the number of German tourists visiting Cyprus this year will increase, with confidence high after a German tour group confirmed they will divert at

EIU issues new targets for Cyprus

The Economic Intelligence Unit (EIU) has issued its new growth targets for Cyprus for 2006 and 2007 in its latest country update. The EIU expects growth to hover around 3.4% in 2006