And risk of big loss Leader of the main coalition party AKEL Demetris Christofias called again on Monday for a delay in the adoption of the euro to 2009 but as usual used economically dubious arguments for the delay. One such argument was that the economy is improving. The growth rate had doubled during their
More
KOBI Center offering range of technical assistance Turkish Cypriot businesses are preparing themselves for competition and hoped-for inclusion in the EU market in ways that would not have been possible five years ago, thanks in large part to USAID assistance via the KOBI Center, which was inaugurated on March 8 this year. Technical assistance on
More
Member states will enjoy a reduction in their EU contributions in 2006, thanks to the fact that execution of the EU budget reached a record high in 2005. The budget of Cyprus wil be reduced by EUR 3 mln. Only 1% of the EU budget, or EUR 1 077 million, was left unused, according to
More
A total of 1,250 election centres will operate for the Republic of Cyprus parliamentary elections on May 21: 60 higher than in the previous elections owing to the increase in the population. Except for European Parliament elections, voting is compulsory in Cyprus for citizens over the age of 18 and Cyprus therefore enjoys high voter
More
(CNA) The first stage of approval for the establishment of a banking subsidiary in Russia by the Bank of Cyprus has been successfully completed. A statement by the Bank of Cyprus said the approval was provided by the Central Bank of the Russian Federation and is subject to the final approval of both the Central
More
Startup on Windows computers can often be quickened by adding an extra hardware profile. Such profiles establish which drivers are to be loaded up when the system is booted, explains the Munich-based magazine PC Professionell. If certain drivers like a TV card are only used rarely, then the hardware profile can be used to start
More
— Mobile Data Card “cheaper than CYTA” Alternative mobile phone operator areeba is expected to launch its Mobile TV service before the end of the summer, in an effort to boost its subscriber base, currently estimated at 80,000 or 11% of the mobile phone users’ market. The company has already enjoyed success with its Mobile
More
A spectacular rally by Bank of Cyprus shares on Wednesday was responsible for boosting the CSE GENX to yet another record close, taking the year-to-date gains to 57.5%. In brisk activity, BOC shares galloped 4.18% on the day on Wednesday to a new 5-year record close of CYP 4.24 on CYP 5.03 mln volume, which
More