Business - Page 2185

Could achieve 3.8% for the whole year The economy rebounded in the first quarter of 2005, as growth in gross domestic product (GDP) rose by 3.9% in real terms compared with the

The registered unemployment rate in Cyprus fell for the third consecutive month on May, reaching 3.1% of the laboru force, compared with 3.2% in April. However, the unemployment rate was still a

The EU-harmonised inflation rate as measured by the harmonised consumer price index (HICP) fell to 2.0% year on year in May, compared with 2.8% in April. On a month-on-month basis, HICP rose

The Cyprus budget surplus reported initially on a cash basis has bene confirmed with the release of data on the general government accounts for the first quarter that were compiled in accordance

Andreas Georghiou, CEO of Universal Life Group has exercised an option giving him first right on the Bank of Cyprus shares that the Bank wished to sell to Aspis Pronia of Greece.

St. Paul (dpa) – U.S. business software maker Lawson Software Inc. said it is buying Swedish competitor Intentia International for about 480 mln dollars. The new company will have annual sales of

Munich (dpa) – New tests show that cheap third-party ink for printers does not perform as well as the expensive original cartridges offered by the printer makers. That was the primary finding