But new low-cost airlines bring hope  The near absence of rain in the early year did not help the off-season tourism industry in Cyprus, which started the year in the doldrums, with tourism arrivals in January 2008 falling by 2.3% compared with January 2007 to 50,658. The main reason appears to be a fall
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Cyprus and Lebanon signed an agreement abolishing visa requirements for holders of diplomatic, special and service passports. The Permanent Secretary of the Ministry of Foreign Affairs Ambassador Alexandros N. Zenon and the Ambassador of Lebanon to Nicosia Michel El Khoury signed the Agreement on behalf of their Governments, on Tuesday at the Ministry of Foreign
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The Republic of Cyprus expresses its grief on the unilateral declaration of independence by the majority in Kosovo, which ”constitutes a violation of the territorial integrity and sovereignty of Serbia”. A written statement by the Ministry of Foreign Affairs on the unilateral declaration of independence of Kosovo says that “this secessionist act falls outside the
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The Political Bureau of the Movement of Social Democrats EDEK unanimously decided on Monday evening to propose to the Central Committee of the movement, which will convene on Wednesday, to support Demetris Christofias in the second round of presidential elections on February 24.Speaking after the meeting, President of EDEK Yiannakis Omirou said the decision provides
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German Chancellor Angela Merkel and the European People’s Party (EPP) have expressed their congratulations to Ioannis Kasoulides, who passed into the second round of the presidential elections.According to an Athens News Agency report, Merkel expressed joy over the fact that Kasoulides clinched the most votes in the first round of the elections but noted that
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Hermes Airports Ltd announces that further to the relevant tender process, the following Joint Ventures (JV) were selected for the provision of Ground Handling Services at Larnaka and Pafos International Airports: JV between Swissport – GAP Vassilopoulos (Cyprus) Ltd and Cyprus Airways Public Ltd, JV between Goldair Handling S.A., Servisair UK Ltd and CLIN Company
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Citigroup has maintained its “Buy†recommendation on the shares of Marfin Popular Bank Pcl with a EUR 12 price target following the release of the preliminary 2007 results. The Citi forecast is similar to the forecast made by Deutsche Bank, which has the same “buy†recommendation and EUR 12 price target. Compared to current levels
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Standard & Poor’s Ratings Services said that the results of the first round of the presidential election in Cyprus this weekend have no immediate effect on the sovereign ratings on the Republic of Cyprus (A/Positive/A-1). The defeat of Cyprus’ President Tassos Papadopoulos in the first round of voting does, however, have a consequence for the
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Ericsson’s new hybrid energy solution for diesel and batteries has been selected by Celtel Uganda for reducing energy consumption in mobile networks outside the electricity grid and cutting network operating costs by up to 50%. Celtel in Uganda is now converting all diesel-driven radio base station (RBS) sites outside the power grid to Ericsson’s new
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Epson has announced the Middle East launch of the EMP-TW2000, the Full HD 1080p home cinema projector that incorporates Epson’s new 3LCD technology, the Dream Seven panel, which features a native 16:9 resolution of 1920 x 1080 pixels. These latest 3LCD panels are based on Epson’s exclusive Crystal Clear Fine technology (C2 Fine) for crisp,
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