The Index of Industrial Production for February 2005, (Base 2000=100), reached 103.4 units. For February 2005 the Index recorded an increase of 3.5% compared to February 2004. For the period January-February 2005
The Cyprus Development Bank (CDB) announced that the Council of Ministers has appointed new board members to replace the two who resigned in March. The new members are Nicos Hadjinicolaou, a senior
Consumer price inflation picked up in April to reach 3.1% compared with the same month of 2004, compared with a rate of 2.9% in March. On a month-on-month basis, the consumer price
The mid-rate between the spot exchange rates at the close of the fixing session of the Cyprus Foreign Exchange Market on Thursday was 0.5797 Cyprus pounds per euro. This was 0.96% stronger
The Chairman of the Cyprus Tourism Organisation (CTO) Photis Photiou said one of the key elements in the suggestions for the upgrading of the Cyprus tourism product was the creation of casinos
OEV expects Turkey breakthrough soon Cyprus is looking towards a 10% increase in summer tourist arrivals, according to CTO Chairman Photis Photiou, but at the same time, the head of the hoteliers
Faced with declining bookings and ever rising costs, the island’s hoteliers launched their summer brochure offering discounts of up to 50% to Cypriots and other permanent residents on the island. The summer
Which sectors will benefit from entry in ERM2 The entry of the Cyprus pound into the ERM2 at the existing parity rate of EUR 1.7086 per CYP or CYP 0.585274 per euro
