The trade deficit dropped in January to EUR 99.6 mln, compared to 285 mln in January 2014 as imports dropped and exports were up, according to the statistical service Cystat. Total imports/arrivals (imports from third countries and arrivals from other EU member states) in January amounted to EUR 357.9 mln, compared to 396.1 mln in
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* Providencia skeleton comes out of the closet; Inquiry finds Erotokritou was ‘bribed’ * Deputy Attorney General Rikkos Erotokritou blasted an independent probe into his attempts to offset a loan with now-defunct Laiki, which he is currently challenging at the Supreme Court, saying the investigation was a smokescreen and in reality aimed at cutting short
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• Air connectivity is better, airport fees must be lowered • EY study on shipping underway • DMS reform more important than post of Deputy Minister The Ministry of Communications and Works is changing its name and with it the whole philosophy of a government office that had basically stayed the same ever since the
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Nicos Anastasiades is expected to visit Israel soon after Prime Minister Benyamin concludes his ‘unity government’, Government Spokesman Nicos Christodoulides said, after the President met with outgoing Foreign Minister Avigdor Lieberman, who was on the island on a private visit. Anastasiades visited Jerusalem in May 2013, and last June he invited Netanyahu to visit Cyprus.
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. By Andreas Theophanous Listening to German Finance Minister Wolfgang Schäuble and his Greek counterpart Yanis Varoufakis speaking about the recent Eurogroup agreement on Greece, one could be forgiven for thinking that they were talking about two completely different texts. There are obviously deep differences between them over substance and status that are far from
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. By Rakis Christoforou BBA, CPA/ABV/CFF, MCSI, ACFE Financial misstatement usually starts small, intended as "just an immaterial adjustment or omission" to improve corporate results. But as the need to maintain improved results continues, so does the need to maintain deception. A financial misstatement usually involves senior management of public companies, who are in a
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. By Antonis Loizou F.R.I.C.S. – Antonis Loizou & Associates Ltd – Real Estate & Project Managers You have to give credit to AKEL for pushing ahead with the legislation for non-foreclosures of those properties that buyers have paid but remain trapped in the seller's mortgages. This is a remarkable effort whose outcome into law
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The first villas at Limassol Marina have been delivered to their owners. Surrounded by the sea, the Peninsula Villas offer private berths attached to their garden or direct access to the beach as part of an integrated marina development. They benefit from uninterrupted views of the sea and come complete with their own swimming pool,
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Leptos Group of Cyprus enlarged its global network with the addition of one more office – a new branch in the United Arab Emirates. The company hosted a cocktail reception on March 29 to officially launch the new UAE offices in Dubai, in the striking building of the “Emirates Financial Towers” in the heart of
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* Study on the ‘Future of Shipping in Cyprus’ in the hands of steering committee * President Nicos Anastasiades said that his government will continue its efforts towards the lifting of the illegal Turkish restrictive measures against Cyprus shipping. In his address at the Annual General Meeting of the Cyprus Shipping Chamber in Limassol, President
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