The UN General Assembly has appropriated around $44 mln gross for the maintenance of the UN peace-keeping force in Cyprus (UNFICYP) for the period July 2003 to end of June 2004, according to a report by UN Secretary General Kofi Annan. One third of the net appropriation, equivalent to $14,567,500 was funded through voluntary contributions
More
President Tassos Papadopoulos has appointed Petros Clerides as Attorney General of the Republic. An official press release says Clerides, who was until now Deputy Attorney General, will be giving his affirmation during a ceremony next week. It adds that the President will not be appointing a new Deputy Attorney General at this stage. Clerides is
More
The Cyprus Development Bank (CDB) announced that the Council of Ministers has appointed new board members to replace the two who resigned in March. The new members are Nicos Hadjinicolaou, a senior officer and later board member of the Laiki Bank Group, and Marios Kleitou, a member of the Institute of Chartered Accountants of Cyprus
More
Consumer price inflation picked up in April to reach 3.1% compared with the same month of 2004, compared with a rate of 2.9% in March. On a month-on-month basis, the consumer price index rose by 0.9% to 120.67, its highest monthly rise since October. According to the Statistical Service CYSTAT, the price increase were mainly
More
The mid-rate between the spot exchange rates at the close of the fixing session of the Cyprus Foreign Exchange Market on Thursday was 0.5797 Cyprus pounds per euro. This was 0.96% stronger than the Cyprus pound’s euro central rate in the Exchange Rate Mechanism (ERM2) of 0.585274 per euro. Within ERM2 Cyprus has an official
More