The number of Americans filing for new jobless benefits fell to a near four-year low last week and factory activity in the Mid-Atlantic area grew in February, more evidence of sustained momentum
Israeli Prime Minister Benjamin Netanyahu is in Cyprus on Thursday to discuss energy cooperation, a subject that has already irritated Israel's former ally Turkey, which challenges Cyprus's jurisdiction over offshore gas finds.
* Provokes with naval exercise in Noble's Block 12 * Cyprus has accused Turkey of using "bullying behaviour" in some of its harshest criticism yet of its old foe, locked in a
Cyprus' GDP growth rate in real terms during the fourth quarter of 2011 is negative and estimated at -0,5% over the corresponding quarter of 2010. According to the Flash Estimate compiled by
Revenue from tourism recorded an annual increase of 12.9% in 2011, according to the Republic’ Statistical Service. On the basis of the results of the Passenger Survey, revenue from tourism reached 41.6
The euro dipped and a share market rally ran out steam on Wednesday on signs euro zone officials might delay Greece's next rescue package, while still avoiding a disorderly default. The single
Greek conservative leader Antonis Samaras has sent a letter to the European Union and IMF committing himself to implementing a new austerity package, his party said on Wednesday, as Athens rushed to
**But GDP down 0.5% over year earlier ** Cyprus just missed recording official recession in the fourth quarter of 2011, as GDP growth in seasonally adjusted terms stagnated compared with the previous
The Cypriot economy has a lot of prospects to recover, especially after the findings of hydrocarbon reserves in the island’s Exclusive Economic Zone (EEZ), Cypriot Nobel Prize winner, Christopher Pissarides has said.
Italian prosecutors on Wednesday asked a court to sentence former prime minister Silvio Berlusconi to five years in prison on charges of paying British lawyer David Mills a $600,000 bribe to lie
