Cypriots have begun arriving in Cyprus from abroad to vote in Sunday’s presidential elections.Most of the passengers arrive on Cyprus Airways flights from Athens, Salonica and London. Today CY operated 38 flights from various destinations to carry voters.Cyprus Airways spokesman Kyriakos Kyriakou told CNA that the airline has offered 14,700 seats to the three main
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Cyprus Gross Domestic Product (GDP) rose by 4.3% during the fourth quarter of 2007, compared with the same period of the previous year, according to flash estimates published by Eurostat. A Eurostat press release said GDP grew by 0.4% in the euro area (EA13) and by 0.5% in the EU 27 during the fourth quarter
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Marfin Popular Bank (CPB) reported its 2007 results, with net profit after minority interest up at EUR 563.4 mln, up 129.6% YoY from EUR 245.4 mln, even though last year the reported pro-forma profit was EUR 396.57 mln. The positive results of 2007 allow the Board of Directions of the Bank to propose to the
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The Board of Directors of Hermes Airports Ltd announced that Bob Manning, Chief Executive Officer of the Company is no longer in the service of the Company, with effect from 14 February, 2008. The Board of Directors has proceeded with the appointment of Alfred Van der Meer to the post of Chief Executive Officer of
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The Cyprus Statistical Service Cystat issued its first “flash estimate†for economic growth in the fourth quarter on February 14, estimating real GDP growth at 4.3% in the fourth quarter of 2007 over the fourth quarter of 2006. At the same time, Cystat left unchanged its estimate issued in late December 2007, in which it
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The number of building permits authorised rose in value by 12.5% in 2007 to CYP 128.2 million, compared with growth of 8.1% in 2006. The actual number of permits authorised fell by 2.8% to 9,521 in 2007, as demand for apartment blocks rose relative to demand for single houses, which are beginning to become out
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The Central Election Commission is putting the final touches to preparations for Sunday’s presidential elections, contested by nine candidates, three of whom are running neck to neck according to opinion polls.Results, according to the Commission, are expected by 20.30 on Sunday on the websites www.proedrikes.gov.cy, www.ekloges.gov.cy, www.elections.gov.cy and www.ekloges.pio.gov.cy . The three main candidates –
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Greek city transport will come to a standstill, flights will be grounded and public services will shut down Wednesday in a nationwide strike against government economic reforms. Cyprus Airways announced that it has cancelled 14 flights to and from Athens, Thessaloniki and Heraklion, with most of the flights rescheduled for the early hours of Thursday.
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Four officers of Telsim Mobil Telekommunikasyon Hizmetleri A.S., Turkey’s second largest mobile phone operator have been ordered to appear in a Nicosia court to be cross-examined in an ongoing case filed by a Cyprus based company according to which Telsim’s international roaming income has been frozen. Last year, in a landmark decision, a Cyprus court
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People in Cyprus should brace for extreme water rationing this summer and beyond, maybe even up to October when the already-strained Dhekelia desalination plant will have increased its capacity. Two more mobile plants are expected to come on stream by summer, but these will do nothing to quench the thirst of the people, the farmers
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