Business - Page 2246

Cyprus is participating with a national pavilion in the Salon de l’Agriculture being held in Paris, from 26 February to 6 March 2005.| Participating in the Cyprus pavilion are the Ministries of

The consumer price inflation rate inched down to 2.8% year on year in February 2005, compared with 2.9% in January. On a month-on-month basis, prices remained almost the same, rising by just

The VAT rate for taxi journeys is set to drop to 8% from the current 15% following a decision by Minister of Finance Makis Keravnos. The minister had come under pressure from

Laiki eBank, the electronic banking unit of Laiki Group, announced a new personal loan product, Laiki eLoan offering customers the flexibility to determine the loan terms based on each customer’s preferences. Customers

Achilleas Kyprianou, the Vice President of the board of Cyprus Airways (CAIR), resigned Thursday amid the public furore over the troubled national carrier’s labour conflicts. Kyprianou, a veteran member of the board

The number of Cyprus residents travelling abroad rose by 15% year on year in January to 55,290, according to data released by the Statistical Service. Greece was the most popular destination, with

The European Central Bank’s Governing Council meets at 09.00 Central European time today to decide on interest rates for the 12-nation euro area. The current main refinancing rate–the minimum bid rate on