Cyprus pays 3.9% to issue 31-week debt

Cyprus sold 50 mln euros of 31-week government treasury bills at an average of 3.90% on Thursday, the Finance Ministry said. The sale was above the 40 mln it had initially sought

Industrial turnover up 4.1% y/y in April

The industrial turnover index reached 116.1 units in April, according to the Statistical Service, recording an increase of 4.1% compared to April 2010. Industrial production in the same period fell by 4.3%.

Weekly Forex Outlook: EUR/USD – July 18-22

Emporio Forex Comment Weekly Forex Outlook: EUR/USD – July 18-22 By James Cabrera General Manager, Emporio Forex Euro/dollar had another interesting week. Apart from the ongoing debt crisis, there are many indicators