VAT receipts up

VAT receipts in September 2005 recorded an increase of 10.2% YoY to CYP 92.8 mln compared to CYP 84.2 mln in September 2004, whilst for the first nine months of the year,

Cyprus Economic Roundup: October 2005

By S. Platis ECONOMIC RESEARCH: Independent Economic Research Organisation Web Address: www.splatisecon.com Overview: The most recent economic data point to a satisfactory growth rate for 2005, driven by increased revenue from tourism

Mitsides “freezes” IPO

ASE-CSE dual listing on hold Chr. & K. Mitsides Ltd., which since July 2005 has received the blessing of the Board of Directors of the Athens Stock Exchange and the Cyprus Stock

ACTA to sue airlines for excess charges

The Association of Cyprus Travel Agents (ACTA) has decided to sue the airlines for excess charges and threatened that as of November 16, it will cease to collect the excess fees that