Egnatia Financial Services are forecasting that Bank of Cyprus net profit for the first quarter of 2006 will surge by an impressive 83% year-on-year to CYP 27.1 mln compared to CYP 14.8 mln in the first quarter of 2005 and CYP 22.0 mln in the final quarter of last year. The Group’s BoD will convene
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EUR/USD: The USD came under heavy selling pressure after the G7 meeting, which combined with the increasing slope of the US yield curve and rising oil prices as well as Central Bank diversification are likely to keep the currency under pressure. The technical charts are showing a clear sell signal since last week and once
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The International Canoe Games will be held in Cyprus from this Friday April 28 to April 30. The games will take place at the Germasoyia Dam in Limassol, in cooperation with the Cyprus Canoe Federation. Encouraging more sports tourism on the island is one of the Cyprus Tourism Organisation’s key objectives over the coming years.
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(CNA) The Committee on Missing Persons in Cyprus (CMP) announced here Wednesday that it has finalised its project proposal for the Exhumation, Identification and Return of Remains of Missing Persons in Cyprus. A statement issued by the CMP said that the committee’s newly appointed Third Member, Christophe Girod, is expected in Cyprus in the near
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The second anniversary today of the failed Cyprus referenda to reunite the island, followed in four weeks’ time by the end of the parliamentary pre-election period, provides us with an opportunity to put the past behind us and move on, together, as Greek Cypriots, to start the long slog of persuading the international community that
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Motor vehicle registrations showed another fall compared with the year-earlier period in Q1 2006. However, the fall was much less steep than in previous quarters and suggests that the fall in registrations is bottoming out. Total registrations of motor vehicles in the first quarter of 2006 decreased by just 0.3% to 12,395 from 12,428 vehicles
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