Turkey, Ukraine, Moldova and Norway were admitted to the Energy Community as Observers at the Ministerial meeting of the organisation that took place in Skopje today. Commissioner Piebalgs declared “The European Union’s voice is clear: we will act to bring our relations with key countries onto a legal basis so as to reinforce our common

Offsetting a poor year    Arrivals of tourists in Cyprus fell for the third consecutive month in October, falling by 3.2% year on year to reach 283,049, compared with 292,273 in October 2005. A decrease of 4.0% was recorded in tourist arrivals from the United Kingdom (159,205 in October 2006 compared to 165,809 in October

According to the latest data from the Statistical Service, construction materials prices in the period January-October 2006 rose by 5.15% over the corresponding period of the previous year. The price index of construction materials for October alone reached 133.25 units (base year 2000=100.00), recording an increase of 0.65% over the previous month. The breakdown of

Cyprus hoteliers keen to ‘go orange’   Stelios Haji-Ioannou, the serial entrepreneur and easyGroup chairman, has set his sights on opening his first low-cost easyHotel franchise property in Cyprus some time next year and is sending the company’s chief executive to sign up potential partners on Monday. Three such hotels are presently operational in London

By David Rumsey Managing Director 3D Global Financial Services   Recent statements by the Minister for Labour and Social Insurance, Antonis Vassiliou, underline why it is a good idea to back up your state and Provident Fund pensions with your own private arrangements. Mr Vassiliou said on October 25 that the only options for ensuring

Ericsson is introducing the Home 3G Access Point to provide local indoor coverage in homes and small offices providing full HSPA performance. HSPA supports up to 14Mbps in the downlink and 5.8Mbps in the uplink. With the Home 3G Access Point installed, the end-user’s mobile phone or 3G/HSPA enabled PC will switch from the regular

  Panda Software is launching a new version of its free online solution, Panda ActiveScan, which disinfects and eliminates viruses, worms, Trojans, spyware and other threats, but also uses low-level scanning to detect and disinfect rootkits. ActiveScan is a powerful, online antivirus that scans and disinfects all system devices, hard disks, compressed files and email,

ENISA promoted the first time ever meeting between key actors from Azerbaijan, Armenia, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Moldova, Turkmenistan, Ukraine and Uzbekistan on the setting up of brand new CERTs (Computer Emergency Response Teams). The event gives evidence to the emerging trend of a new CERT community in the central and eastern parts of Europe

AL Prohoice Financial Services Pcl (PRO) announced a massive improved in results during the first nine months of the year, which helped shareholders funds back into positive from a net negative situation a year ago. Net after tax attributable to shareholders in the first 9M 06 jumped to CYP 3.169.644 or EUR 5.49 mln from

The general government deficit – the one that will be used to assess whether Cyprus has met the Maastricht criterion on the budget  – was close to zero in the first nine months of 2006, according to the Statistical Service, compared with a Maastricht target of 3%. For the period January-September 2006 total revenue amounted to