Business - Page 2204

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

Athena Investments (ATH) reported a doubling of first quarter gains, on the back of a higher revaluation gains but also because the investment company locked in some of its gains. Athena booked

In its first update since the Cyprus pound entered the Exchange Rate Mechanism (ERM2) on May 2, the Economist Intelligence Unit has forecast a 100 basis-point cut in interest rates by the

Alexis Galanos, former President of the House and Chairman of the Council of Economic Advisors (SOE), may resign from his post now that the work of the Council has been acknowledged and

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