Peugeot fined for obstructing exports

The European Commission has decided to impose a fine of EUR 49.5 mln on Automobiles Peugeot SA and Peugeot Nederland N.V., for having obstructed exports of new cars from The Netherlands to

Tourism revenue climbs 8.9%

Tourism revenue climbed by 8.9% year-on-year in August to CYP 161.3 mln from CYP 148.1 mln a year ago in the same period according to the Statistics Department. For the period January

Cypriot local credit card spending up 10%

Tourist increase is milder Local credit card spending by Cypriots rose by 10% in January-September 2005, according to latest figures from the credit card monopoly, JCC Systems but the increase in spending

New investors push BOC higher

Tuesday close at EUR 4.16 The arrival of new foreign fund managers helped propel the shares of Bank of Cyprus trading in Greece to EUR 4.16 or CYP 2.39, just under its