The Supreme Court decided unanimously on Monday to cancel the decision of the Competition Protection Committee to impose a fine of £20 million for overcharges in telecom fees by CYTA, “due to...
The three harmonization bills on the insurance sector have entered their final stage of preparation, StockWatch sources revealed on Thursday. After the preliminary examination of the bills by the...
22/01/2004
At the joint meeting of the House Finance and Audit Committees, Chairman of the Audit Committee, Christos Pourgourides revealed that 300-500 Board members of a total seventy companies will be brought...
21/01/2004
Finance Minister, Marcos Kyprianou, ratified on Monday the decision of the Insurance Superintendent not to grant a work license to MarkeTrends Insurance, putting an end to the long dispute between...
19/01/2004
Employers’ and Industrialists’ Federation (OEB) expressed its concern on Friday on the negative impacts of the price hike in fuel to the economic activity of the country. “This change has taken...
16/01/2004
The Competition Protection Committee is expected to be extremely busy in 2004, as there is a plethora of cases pending from last year, while the hearing process for certain exceptionally difficult...
13/01/2004
The Bank of Cyprus expressed its optimism on Thursday for a recovery of the banking sector and an improvement of its loan portfolio but warned that provisions for bad debts for 2003 will be higher...
08/01/2004
Cooperatives Banks Commissioner, Erotokritos Chlorakiotis said on Tuesday that the total sum misappropriated by the secretary of Kapedes Cooperative amounts to half a million pounds. Mr....
02/12/2003
With a complementary budget submitted to Parliament on Monday, Cypriot taxpayers are asked to pay the amount of £7.9 million for the subsidy of the Pension Scheme of the CYTA employees. On the...
02/12/2003
The Cyprus Stock Exchange sounded the alarm on Monday for the return of money from the CSE-listed companies after the Supreme Courts’ decision on the Harvest case and warned on the lurking risks...
01/12/2003