Coops seen merging

At least 150 Cooperative Credit Societies from the 348 operating island-wide are seen merging and forming new larger groups or being absorbed by larger Coops as they rush to meet with new

Cypriot tourists flock to Istanbul

A record number of up to 3000 Cypriots are expected to travel to Istanbul, making the city as the fastest growing destination for Cypriot tourists, according to Akis Kelepeshis, the Chairman of

Sales start from Monday

The official sales period starts from Monday, July 18 and will continue until August 27, according to an official announcement issued by the Ministry of Industry and Trade. According to the law,

BOC adds new shares

The number of the new Bank of Cyprus shares which have resulted from the participation of the eligible shareholders in the Dividend Reinvestment Plan for the 2004 dividend amounts to 2.642.800 shares,

CyTA maintains low rates

CyTA decided to ignore a temporary directive issued by the Competition Commission ordering it to reverse its recently announced price cuts on mobile telephony rates. In response to a complaint filed by

Cyprus harmonised inflation slows in June

The Cyprus Harmonised Index of Consumer Prices (HICP) during June 2005 recorded an increase of 1.5% compared to the corresponding month of June 2004, compared with around 2.5% in the EU25. This