CJ & ELF post 2004 results

Chris Joannou profits decline Chris Joannou (CJ) saw its net profits decline by 31% year-on-year to CYP 70.431 in 2004 from CYP 101.654 in 2003, despite an increase in total sales to

Trade deficit surges 22% over CYP 2 bln

The Statistics Service also announced that total imports/arrivals in Novermber were CYP 263.2 mln, of which CYP 184.3 mln were arrivals from other EU Member States and CYP 78.9 mln imports from

Tax amnesty nets CYP 112 mln

The government has raised CYP 112 mln in revenue from the one-off tax amnesty offer for the declaration of secret amounts until end of December 2002. The Chairman of the Tax Declarations

Commission assessment boosts ERM hopes

Cyprus’s hopes for joining the Exchange Rate Mechanism received a boost following the endorsement by the European Commission of the government’s Convergence Program. The Commission said that Cyprus was on track to