Business - Page 2216

Year-end forecast calls for 50% increase in profits Bank of Cyprus (BOC), reporting its first quarter results on May 12, 2005 is seen lifting net profits by an average 40% on the

Good political reasons for doing it now The Cyprus pound could quietly slip into the Exchange Rate Mechanism (ERM) over the holiday weekend, one year after it entered the EU, and officially

The EU Constitution applies only “the least common denominator” as far as economic reform is concerned, therefore “the burden of economic policy still lies with the member states” and Cyprus will have

Total registrations of motor vehicles fell by 3.1% year on year to reach 4,257 in March, bringing that quarterly year-on-year rise to 6.2% for the first quarter of a whole, when 12,428

Oil price futures fell on Tuesday after Saudi Arabia pledged to increase crude oil production from 9,5 to 12.5 mln barrels per day within three years, and to 15 mln barrels per