The government seems troubled over how to deal with the cargo of a Panamian ship which was detained after police raided the vessel in Limassol after a tip-off from Interpol of a suspected arms cache. The ‘Gregorio I’, that started its journey in North Korea and China and was headed for the Syrian port of
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It’s bad enough that Cyprus has a deficit of politicians, many of whom do not have the maturity or intelligence that goes with the job, now we have political parties wrangling over who, in their wise opinion, is best suited to run the municipalities. Since when do political parties decide how to run the local
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The CSE Council approved the Public Offer Document for the acquisition of a minimum of 50% plus one share and a maximum 60% of the issued share capital of Universal Bank Pcl (USB), at a cash consideration of CYP 0.90 per share, by the Companies ‘Aspis Pronia A.E.G.A.’ and ‘Commercial Value A.A.E.’. The Public Offer
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If you thought that inflation has been creeping up this year because of the high cost of petroleum then think again. Statistics on consumer price inflation by economic origin produced by the Statistical Service Cystat show that the main cause of higher inflation in the first eight months of this year has in fact been
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The Cyprus Chamber of Commerce and Industry (KEVE) is organising a trade mission to Spain later this month, with the primary aim to attract foreign investors to Cyprus as an International Medical Services Centre. The delegation, that is being co-organised by the Ministry of Commerce and Industry, will visit Madrid and Barcelona on September 18-22.
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— Visitors reach record numbers The Financial Mirror newspaper is of a better quality today than ever before in the 13 years of publishing the island’s leading business newspaper. It also uses the latest technology that helps blend the print edition with the rapidly evolving electronic news production platforms through which we have developed one
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Defence Minster Phivos Klokkaris resigned Wednesday after only three months in the job, following allegations that he tried to unravel a paramilitary unit operating within the National Guard. Klokkaris, a career officer who rose within the ranks of the Greek army from 1968, joined the National Guard in 1993 and was promoted to deputy commander
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