Business - Page 2142

DISY slams move as “unethical” Finance Minister Makis Keravnos resigned his post Tuesday, ending several months of speculation that he would take the helm of the troubled Hellenic Bank. President Tassos Papadopoulos

What a difference tax makes Following complaints from two car dealers after our article on August 3, which presented European Commission data on manufacturers’ recommended retail prices for a range of models,

The Board of Directors of Hellenic Bank Group confirmed the appointment of Makis Keravnos, former Finance Minister as the Group’s new Chief Executive Officer with effect from September 1, 2005. Keravnos, an

Michalakis Sarris has been appointed to the post of Finance Minister, to replace Makis Keravnos who resigned to take up a senior post at the Hellenic Bank. An official statement said that

Turkish Cypriots spend about CYP 70,000 per day in the government-controlled areas, while Greek Cypriots spend around CYp 65,000, according to new research. The research is based on a survey carried out

Cyprus Airways, the troubled national airline is operating on a going concern basis, since the cumulative losses piled up over recent years, including the first half of 2005 have forced the Group’s

…as Bankers Chairman resigns The island’s banks have offered to renew the collective labour agreement for the next three years with a 2% pay increase, similar to the collective labour deal reached

Laiki Bank Group (CPB) reported a highly satisfactory increase in first half profits, which surged 63.2% year-on-year to CYP 18.12 mln from CYP 11.1 mln a year ago, with the return on

BNP Paribas (Cyprus) Ltd., the successor of the French BNPI’s operations on the island, will be staying on after all, following wild rumours last May that the bank had relieved its second