Business - Page 2199

The Monetary Policy Committee of the Central Bank voted to slash interest rates by 50 basis points effective May 20, 2005 in the first official move to bring Cyprus’ interest rates close

Cyprus Airways (CAIR), the troubled national airline restated its net losses for 2004 sharply higher, with net losses following the audit now reported at CYP 39.35 mln compared to the preliminary loss

CyTA has reduced its prices for broadband access to the Internet in an effort to encourage more people to shift to broadband following its new tariffs policy that is set to go

The European Commission and EU member states, will undertake a feasibility study in the second half of 2005 to determine the future role of Customs in the EU as both facilitator and