PrimeTel, the strategic partner of the EAC in the telecommunications has extended its pilot scheme to selected sectors in the major cities, offering subscribers 3-month testing free of charge, which in usual circumstances would cost CYP 25 per month. Stephanos Stephanou, Marketing Director of PrimeTel confirmed to the Financial the launch of the pilot schemes

The harmonised consumer price inflation (HICP) rate, compiled in accordance with EU-wide methodology, showed that inflation was subdued in February. The index actually fell by 0.04% on the previous month to 100.18 from 100.22 in January. It was 2.4% higher than in February 2005, according to the Statistical Service. Prices fell the most compared with

Motor vehicle registrations in Cyprus have yet to recover from the rush to buy vehicles after the steep cut in excise duties for a range of cars in late 2003. Data for February 2006 show that total registrations fell by 6.5% to 3,577, compared with 3,825 in February 2005. Registrations of private saloon cars, which

— Nicorette solution to cost CYP 120 over 3 months Of the 153,000 smokers in Cyprus, some 58% want to quit, while a further 63% of non-smokers have reason to help others kick the habit, according to a study commissioned by pharmaceuticals distributors Phadisco. Speaking at the launch of Pfizer’s nicotine substitute Nicorette products, Yiannis

Dubai Investments Group is reported to have acquired 30-33% of the capital of Marfin Financial Group at the unconfirmed price of EUR 25 per share for a deal value of EUR 400 mln, leading to the 8.5% increase in the value of Marfin shares. Marfin, which earlier acquired a 9.98% stake in Laiki Bank at