The dollar hit a one-month high against a basket of currencies on Wednesday while Asian shares slid, hit by worries that the days of easy money from the U.S. Federal Reserve are
The quality of the Cyprus tourism industry is a one way street, Cyprus President Nicos Anastasiades has said. President Anastasiades was addressing the graduation ceremony of the Higher Hotel Institute of Cyprus
Angela Merkel's summit on youth unemployment in Europe is an attempt to paper over the economic consequences of the austerity policies she championed in the region, a leading member of Germany's opposition
Cyprus Ship Owners Union has briefed Foreign and Commonwealth officials of the negative effects Turkey’s embargo has on Cyprus shipping. According to a press release issued Tuesday on the part of the
Countries around the world cut back on their holdings of euros as a percentage of foreign exchange reserves last year as the sovereign debt crisis kept investors wary, the European Central Bank
The Investigation Committee on the economy announced on Tuesday it will probe the situation in the banking sector, despite an interim decision to suspend investigation into issues subject to legal proceedings. The
Canon announces EOS 70D mid-range SLR with 'Dual Pixel CMOS AF' Canon today unveils an outstanding new addition to its world-famous EOS series – the EOS 70D. Designed for aspiring enthusiast
The exchange of €1 billion worth of government bond has been successfully completed, the Public Debt Management Office of the Ministry of Finance has announced. Specifically, an exchange, via the method of
The Ministry of Foreign Affairs has issued travel advice for Turkey, calling on Cypriot citizens residing or visiting Turkey to avoid public places where gatherings occur in light of the tense situation
Moody`s Investors Service said that based on its default definitions, it considers Cyprus to have defaulted, following an exchange of EUR1 billion of existing domestic government bonds. However, contrarily to Fitch and
