Cyprus fiscal deficit in the first half of 2006 amounted to CYP 66.1 mln or 0.8% of GDP compared to a surplus of CYP 28.8 mln or 0.4% of GDP in the first half of 2005, the Ministry of Finance announced. Excluding extraordinary and non-recurring items such as the CYP 35 mln dividend from CYTA
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The Cyprus Competition Commission has fined the state-owned telecom CYTA with a fine of CYP 80.000 and its digital platform content partner LTV, with a CYP 65.000 fine for violation of competition rules pertaining to their digital agreement.
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Hellenic Bank Pcl (HB) shares nosedived 3.2% on Monday after a large 100.000 share sale at the very last minute knocked the stock from CYP 1.23 to a close of CYP 1.19 in a relatively quiet day on the CSE. “HB was knocked down at the very last minute by a 100k sell order, which
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The unemployed persons, registered at the District Labour Offices on the last day of July 2006, reached 13.117 persons compared to 12.658 persons in June 2006, an increase of 459 persons. The increase is observed in the sector of education due to the increase in registration by staff employed in private schools that temporarily close
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Cyprus Government Spokesman Christodoulos Pashiardis said today that both the Ministry of Foreign Affairs and the Ministry of the Interior are in contact with the US Embassy in Nicosia regarding the issue of US citizens who were brought to the island from Lebanon and remain outside the Embassy in a reaction to not being allowed
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A Cyprus Court on Friday awarded an 11-year-old autistic boy from Limassol 251.800 Cypriot pounds in damages against the government for suffering caused by the Red Arrows, which hold annual aerobatics exercises out of the British air base of Akrotiri. According to the Court ruling, the case was brought against the Cyprus government for failure
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Bank of Cyprus Public Company Ltd announced the completion of the placement of 11.964.792 Bank of Cyprus shares, representing 2,18% of its issued share capital. The placement price was €7,05 (C£4,05) per share and the placement was oversubscribed. The placement agent was J.P. Morgan Securities Ltd. The placement, which was done by way of an
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