Bank profitability increases in Q1’05

The island’s three largest banks recorded a satisfactory increase in profits during the first quarter on the back of a strong performance in local operations. Bank of Cyprus (BOC) recorded the best

Cameratown for photo fans

Washington (dpa) – Cameratown.com (http://www.cameratown.com) is the latest in a growing number of digital camera enthusiast sites on the Internet. The site distinguishes itself from others of its kind by striving to

Interest rates cut by 50bps

Interest rates were slashed by another 50 basis points on Thursday following an unscheduled meeting of the Central Bank’s Monetary Policy Committee meeting. The rate reduction is effective from June 10, 2005.

Turkish Cypriot trade talks called off

Private meetings between Greek Cypriot and Turkish Cypriot representatives to try and break the deadlock over Turkish Cypriot exports to EU countries broke down on Wednesday, reportedly after anger by the Greek