Financial Mirror (Cyprus) - - FRONT PAGE -

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.

UN cor­rup­tion:

GVA growth:

Fed hike:

Newspapers in English

Newspapers from Cyprus

© PressReader. All rights reserved.