Scientists in Belarus are working on their own computer software to serve as an alternative to the market-leading Windows operating system from U.S. firm Microsoft. The inexpensive Belarusian operating system will work with open source code like Linux, reports computer scientist Michail Machanek from the Academy of Science in Minsk. Both the European Union and
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Bank of Cyprus rights (BCRI) ended their last trading day on the CSE on Monday at 16.3 cent, down 6.32% on the day as trading on the CSE was hampered due to technical problems, which forced the Exchange to extend the closing time by two hours. The CSE was forced to issue successive interruptions on
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Inflation as measured by the consumer price index eased to 2.9% year on year in November, compared with 3.1% in October, according to statistics released by the Statistical Service CYSTAT on Thursday. On a month-on-month basis, prices rose by 0.4% in November, compared with a mont-on-month rise of 1.1% in October. Government intervention appears to
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Britain has welcomed the idea of reopening Ledra Street in Nicosia as a crossing point between the two sides and is disappointed with the obstacle emerging, a spokesman for the British Foreign Office has said, adding that his country supports efforts made by the UN Peacekeeping Force in Cyprus (UNFICYP) to overcome this obstacle. The
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The number of employed persons in Cyprus reached 338,000, according to the 2004 report on “Labour Force Survey” published by the Statistical Service. The report provides data on the employed and unemployed population, analysed by gender, age, education, branch of economic activity and occupational group. The main findings of the survey note that the labour
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The Index of Industrial Production for September 2005 reached 120.6 units (Base 2000=100). For September 2005 the Index recorded an increase of 1.7% compared to September 2004. For the period January – September 2005 the index recorded an increase of 0.9% compared to the same period of the previous year. For Manufacturing, the Index for
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The Cyprus Development Bank (CDB) will proceed with the issue of 10-year Non-secured Subordinated Debentures (Tier 2 Capital). The funds will be used to strengthen CDB’s capital adequacy ratio, which stood at 15.7% as at 30 September 2005. The total issue amounts to CYP 8 mln and will be addressed to institutional investors. The CDB
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