Less spent on housing According to the Eurostat survey on families, Cyprus has the highest marriage rate among the EU25, at 7.2 per 1,000 inhabitants compared with an EU24 average of 4.8 per 1,000. According to the survey, there were around 2.2 million marriages in the EU 25 in 2004. Denmark also had a high
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Three senior clergy, members of the Holy Synod, left today for Geneva to participate in a broad meeting, chaired by the head of the Greek Orthodox Church Patriarch Vartholomeos, which will decide whether elections for a new Cyprus archbishop will take place or not. The two-day meeting, to be attended also by the Patriachs of
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Multichoice (Cyprus) Pcl (MCC) reported its preliminary 2005/06 results, recording a net profit of CYP 570.000 and EPS 0.84 cent, compared to CYP 171.118 profit and EPS 0.25 cent recorded in 2004/05. Revenue were marginally lower at CYP 12.99 mln vs. CYP 13.1 mln in 2004/05. Gross Profit reached CYP 2.8 mln, down by 18.0%
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BOC shares closed on the CSE at CYP 4.49 while on the ASE, the shares closed at EUR 7.88 or CYP 4.53 on Tuesday, indicating more sideways trading and possibly some consolidation ahead of a rebound following the fantastic set of first quarter results reported last week. BOC is correcting lower towards the first support
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Implies Turkey’s supporters have “malicious intent” Cypriot President Tassos Papadopoulos has accused Turkey of blocking the setting up of technical committees for discussions between Greek and Turkish Cypriots. Replying to questions at the airport, what has become his favoured venue for making significant announcements, President Papadopoulos said that in Paris, during his meeting with UN
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The European Commission plans to reform current legislation on financial services and insurance, with the aim of cutting administrative costs and removing competitive distortions with respect to VAT across different Member States. The Commission and the European Banking Federation held a one-day conference on May 11th to discuss these issues and the Commission has launched
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