Slovakian President Ivan Gasparovic expressed on Thursday the intention of his country to continue contributing willingly to the UN Peacekeeping Force in Cyprus (UNFICYP) and to reconciliation efforts. During a meeting with Cypriot House of Representatives President Demetris Christofias, Gasparovic also expressed satisfaction over the course of bilateral relations, including parliamentary relations. Christofias pointed out
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Cypriot Minister of Finance Michalis Sarris is in Germany, where he will participate in the informal session of ECOFIN, to take place on April 20 and 21 in Berlin. ECOFIN will discuss the quality of public revenues, the combatting of tax evasion, the stability of the financial system and the training of human resources. According
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Cypriot President Tassos Papadopoulos assured on Thursday that a solution of the Cyprus problem constitutes an absolute priority because time passes by at the expense of reunification and the wounds get deeper, adding that a settlement must lead to the real reunification of Cyprus, the society, the economy, the territory and its institutions, based on
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Cyprus has recorded a surplus in January on state finances. According to the April Monetary Policy Report on Public Finances issued by the Central Bank of Cyprus, total revenues and grants for January 2007 amounted to CYP 267.2 mln, for a 21.5% YoY increase, while total expenditure increased by 17% YoY to CYP 238.7 mln.
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The Cyprus Health Services said that a brand of mineral water from Armenia was harmful to the health of consumers and was to be withdrawn from the market immediately. A statement said consumers should not drink the water bottled under the name Jermuk Group with an expiry date of November 15, 2008. The water comes
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The Cyprus Real Estate Agents’ Association has charged that multinational real estate companies are illegally operating in Cyprus and selling Greek Cypriot properties in the north. Association spokeswoman, Elli Andreou told a House Committee meeting that some of the same foreign companies are active in the governmental controlled areas and at the same time are
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British market is in the doldrums  Figures for tourism arrivals in March confirm that there has been no let-up in the relentless slide of Cyprus’ tourism industry this year, with figures showing arrivals down 6.1% year on year in March to 104,316 people. This brought the cumulative fall in the first quarter of 2007
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Bank of Cyprus Public Company Ltd  announced that on 25 April 2007, 328.963 new ordinary shares of the Bank will be introduced for trading on the Cyprus Stock Exchange and the Athens Exchange resulting from the recent increase in the share capital by CYP164.481,50 (EUR283.247). The new shares to be introduced have resulted from the
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The CSE Council announced that it has accepted the listing of 24,502,416 ordinary shares of Marfin Popular Bank Public Co Ltd of nominal value CYP0.50, which have been allocated as an exchange for the acquisition of 1,105,408 shares of Marfin Financial Group SA and the acquisition of 1,209,505 shares of Laiki Bank (Hellas) SA. The
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The CSE Council informed the investing public that at the meeting held on April 19, 2007, it decided that it has not at its disposal certain data proving that Schoeller Holdings Ltd and Path Holdings Ltd acted in agreement with Europrofit Capital Investors Public Ltd for the Public Offer, proceeding – via the company –
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