Euro edges back towards two-month low

The euro and oil slipped on Wednesday as a rally the previous day fizzled on fears about Europe's spreading debt crisis and the potential for a further reduction of positions in risky

Cyprus VAT income fell 4.3% in Q1

Income from VAT fell by 4.3% over the same period of the previous year in the first quarter according to the detailed data on the quarterly accounts of general government. Total revenue