Cyprus Development Bank records profit

Audited results of the majority state-owned Cyprus Development Bank for 2004 report a turnaround, with profit before provisions for non-performing loans reaching CYP 1.9 mln compared with a loss of CYP 2.7

Euro-zone and EU25 GDP up by 0.5%

Germany picks up Real GDP grew by 0.5% in both the euro-zone and the EU25 during the first quarter of 2005, compared to the previous quarter, according to flash estimates published by

G/Cypriots selling properties in north

A number of Greek Cypriots, mainly living abroad but also in the government controlled areas are alleged to have sold their properties in the north, according to opposition MP Georgos Georghiou. During