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reached EUR 3.3 mln (CYP 12.89 mln), triple the average transaction of previous days.
The Competition Commission is considering imposing penalties on Cyta for not abiding immediately to raise mobile phone charges to pre-April levels and violated its dominant position, while Areeba also secured a court order to force Cyta to reverse its charges.
UN Secretary General Kofi Annan said he will allow US officials to press criminal charges against Cypriot Benon Sevan for allegedly taking $150,000 in bribes as former head of the UN’s oil-forfood programme in Iraq.
Financial and business services have been the fastest growing sectors since 2004 with the gross value added showing output rose 5.2%, with construction coming in a close second at 5.17%.
The Federal Reserve raised interest rates by a quarter point to 3.5% and restated a plan to carry out further increases at a measured pace. At the time, Gold was selling at $438/ounce and crude oil was at $62.7/barrel for Brent and $63.6 for WTI.