Common platform to boost interest

Cooperation between the Cyprus Stock Exchange (CSE) and the Athens Stock Exchange (ASE) to create a common platform “marks a new era for the Cypriot stock exchange,” said CSE President Akis Kleanthous.

Inflation inches down to 2.8%

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

VAT on taxis drops to 8%

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 now offering eloans and etrading

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

ECB holds rates steady

The European Central Bank’s Governing Council made no change in interest rates for the 12-nation euro area at its meeting on Thursday March 3. The main refinancing rate–the minimum bid rate on