The trade unions of Cyprus Airways (CAIR) decided on Wednesday Jan 4 to accept the tough restructuring deal put to them by the government that aims to save the national carrier over 20 million Cyprus pounds and includes a voluntary redundancy package for about 500 employees, including seven pilots. The General Secretary of the airline’s

Cyprus recorded another current-account surplus on it balance of payments in the third quarter of 2005, at CYP 60.9 mln (around EUR 104 mln), compared with a surplus of CYP 22 mln in the second quarter. This is despite the fact that revenues from tourism rose by little over 2% in 2005. Income from travel,

The popularity of Windows Media Player and other multimedia applications will continue to grow in 2007, which is why Trust has introduced the Multimedia Scroll Keyboard KB-2200 (www.trust.com/15036) to meet all users’ needs with regard to functionality and user-friendliness. The advanced keyboard, with a modern design, has a total of 28 extra buttons, which offer

Purchase to reduce CAIR debts by CYP 15-20 mln The government plans to spin-off Eurocypria, the wholly-owned charter subsidiary of Cyprus Airways, and convert it into a scheduled airline in the event that unions reject the government’s rescue plan. The Council of Ministers has given the Minister of Communications Haris Thrasou the go-ahead to put