Cyprus earnings rise 7% y/y in Q1

Monthly earnings in Cyprus jumped by 7% compared with the same period of the previous year on the first quarter of 2009, as high inflation boosted index-linked wages. According to the preliminary

New Cyprus Police Chief and Deputy Chief appointed

Michalakis Papageorgiou is the new Cyprus Police Chief. Government Spokesman Stephanos Stephanou said that President Demetris Christofias has appointed Papageorgiou, who served until now as Deputy Chief of Police, as the new

EIB to lend EUR 250 mln to Cypriot SMEs

The European Investment Bank (EIB) has authorised the amount of EUR250 mln to be given to Cypriot small and medium-sized enterprises (SMEs). According to the Chairman of the Cyprus Chamber of Commerce