Business - Page 2165

The Cyprus economy is doing well and is on track to meet its target for entry into the eurozone according to Finance Minister Makis Keravnos. Speaking before the House Finance Committee meeting,

The Central Bank has rebuffed efforts by Bank of Cyprus to writeoff up to CYP 148 mln in sour debts from its books, refering to debts in excess of CYP 100.000 mostly

Total registrations of motor vehicles during the first six months of 2005 decreased by 5.0% to 25.486 from 26.829 vehicles in the same period of 2004, the Statistical Service announced. Private saloon

A Nicosia District Court has issued a temporary injunction order, freezing the assets of Lycourgos Kyprianou in Cyprus and abroad last Thursday. The injunction request was made by Joseph Lasala and Fred

The rise in the costs of construction eased in June 2005, as prices rose by just 3.5% compared with the same month of 2004. The construction materials input price index recorded 124.4,

A Bangladeshi student who used credit cards belonging to other people to purchase goods over the Internet was jailed for eight months in Singapore. Salman Ahsan, 17, spent 15,400 Singapore dollars (9,333