EU Commissioner for Health Marcos Kyprianou has said that no deal has been reached between the EU and Russia regarding Moscow‘s refusal to lift the embargo it imposed on meat imports from Poland.Kyprianou has been holding over the weekend talks here with Russian Minister for Agriculture Alexey Gordeev in an effort to find the golden

Russian Minister of Agriculture Alexey Gordeev said he was pleased with the development of the economic and trade relations between Cyprus and Russia. The Russian Minister, who is paying an official visit to Cyprus, was received by President of the Republic of Cyprus Tassos Papadopoulos. Earlier the Russian Minister began consultations with Cypriot EU Commissioner

The British government says it has fulfilled its financial commitments to the Republic of Cyprus concerning the two sovereign military bases it has retained in Cyprus since the island gained its independence from British colonial rule in 1960. The Cypriot House of Representatives adopted Thursday unanimously a resolution calling on the Cyprus government to make

Hermes Airports Ltd has noted, with regret, what was published in the media regarding airport charges increases at Larnaka and Pafos Airports, following the Press Conference held by the Airline Associations IATA and IACA, which are absolutely untrue, exaggerated and inaccurate. If IATA’s and IACA’s officials really believe the representations which they have made to

Vivartia S.A. (Delta), the Greek dairy products giant which successfully completed the acquisition of a 46% stake in Christis Dairies Pcl (CDL) from the NK Shacolas and CTC Groups has expressed an interest to submit a bid seeking the remainder of CDL that it does not control through a public offer. Vivartia S.A. purchased the

Mitsides Pcl announced that the Cyprus Stock Exchange on April 20 approved its application to list on the Exchange. Mitsides will list in the CSE’s Parallel market. Mitsides also confirmed an earlier report by the Financial Mirror regarding the successful completion of its initial public offering (IPO), which was over-subscribed to the tune of 5.34

Recent CFTC data for the week ending April 17th showed a continued build up in carry trades with EUR net long positions now at 106,770 contracts, an all time high, while JPY net short positions increased from 64,841 contracts to 70,519 contracts, according to a report by BNP Paribas. In line with this build up

The trade deficit in January 2007 widened to CYP 201.9 mln in January 2007 compared with CYP 187.9 mln in the corresponding month of 2006. Total imports/arrivals (covering total imports from third countries and arrivals from other member states) amounted to CYP 266.2 mln in January 2007, compared with CYP 247.5 mln in January 2006.

The price index of construction materials for March 2007 reached 136.14 units (base year 2000 = 100.00), recording an increase of 0.77% over the previous month, according to the Statistical Service. For the period January-March 2007, the index recorded an increase of 4.44% over the corresponding period of the previous year. Construction materials prices rose

Labour Minister Andreas Vassiliou started negotiations with all social partners Thursday to find ways to secure the viability of the near-bankrupt Social Insurance Fund, that needs to undergo drastic reforms in order to ensure that the present-day workers will have a pension when they retire. One of the proposals put forward is to raise contributions