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

Industrial output rises for second month

Chemicals boom Industrial output rose year on year for its second consecutive month in December 2004, rising by 2.5% compared with December, following a 4.3% year-on-year increase in November. Manufacturing rose year

CSE misery ends as losses overturned

The CSE misery has officially ended, following the announcement of the preliminary 2004 results, showing that the combined results of the listed companies is now in profit, the first time since 2000.

Industrial output prices soar year on year

The Industrial Output Price Index reached 114.2 units in January 2005, using a base of 2000=100. Although the month-on-month increase was mild, at just 0.4% compared with December 2004, the year-on-year increase