Greek Cypriot goods allowed north

Greek Cypriot goods will be allowed into northern Cyprus for sale following a decision by the Turkish Cypriot administration’s council of ministers on Wednesday. Spokesman Huseyin Celal said that the list of

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

CSE to trade in euros

The first fundamental change to affect investors when the Cyprus Stock Exchange and the Athens Stock Exchange launch their common trading platform in the last quarter of 2005 will be the shift

Inflation at 2.8% in February

The Consumer Price Index for February 2005 increased by 0,03 units or 0,03% to 118,75 units compared to 118,72 in January 2005, the Statistics Department announced. This is mainly due to increases

Wallet Full of Money

The Greek market was up due to banking sector strength following a good set of results, OPAP on the back of analyst target price upgrades and PPC as a result of a

Resignations at Cyprus Airways

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