Poor practices of risk management, inadequate supervision as well as delay in measures taken by the Cypriot Government, were the main reasons for the current economic situation in Cyprus said European Commissioner
Cyprus can be a core of medical science in the Middle East with the opening of the Medical School from this academic year, Dean of the Medical School of the University of
U.S. job creation probably picked up in August, signaling a steady pace of economic growth that would give the Federal Reserve ammunition to start scaling back its massive monetary stimulus this month.
China shares crept towards three-week highs early Friday, with Hong Kong markets also modestly higher, ahead of more August data that could deepen optimism that the world's second-largest economy is on a
Property sales in Cyprus fell by 46% in the first eight months of 2013 compared with the same period of the previous year, data released by the Department of Lands and Surveys
The BRICS group of emerging economies will contribute $100 bln to a fighting fund to steady currency markets destabilised by an expected pullback of U.S. monetary stimulus, Russian President Vladimir Putin said
The European Central Bank left its key interest rate unchanged at 0.5% and said on Thursday it was ready to cut interest rates or pump more money into the euro zone economy if
Cyprus Minister of Finance Harris Georgiades has said that despite optimistic data contained in the first review of the implementation of a Memorandum of Understanding (MoU), the basis of an international rescue,
The Consumer Price Index (CPI) for August dropped marginally by 0,12 units or 0,10% to 117,92 units compared to 118,04 in July. The decrease is mainly due to drop in the cost
A record 49 names are contesting the 18 board seats of the restructured Bank of Cyprus that will come out of the first consolidated shareholders’ meeting next Tuesday. Never before have so
