Budget surplus in January-May

According to data released by the Ministry of Finance, the budget balance was in surplus to the tune of CYP 100.9 mln in the first five months of 2005, or 1.3% of

CyTA faces penalties over mobile dispute

The Competition Commission under its newly appointed Chairman is studying the prospect of imposing of penalties on CyTA for its decision not to abide immediately with the Commission’s order to reverse CyTA’s