The annual consumer price inflation rate leapt to 3.3% in April, from 2.8% in March 2011 and 2.4% in April 2010. Doubtless the reason was high international oil prices, which have taken
The rise of unemployment in Cyprus seems to be relentless, with registered unemployment rising on a seasonally adjusted basis by 4.5% compared with the previous month in April. The absolute number of
Britain's Liberal Democrats slumped in local elections and were set to lose a referendum on electoral reform on Friday after voters punished the junior coalition party for its role in a deficit-cutting
Mergers are the only way to rebuild debt-laden Greece's banking system, the chief executive of the country's biggest lender, National Bank (NBG), said on Thursday, in a boost to consolidation prospects. Shut
The Armenian community of Cyprus is returning to the historic Sourp Magar (St. Makarios) monastery for the fourth time this year as a pilgrimage to one of the holiest shrines of the
As the biggest Offshore Technology Conference (OTC) to take place in Houston, Texas, was coming to a close on Thursday, Cyprus was presented as the aspiring oil and energy market. Officials from
Commodities steadied on Friday in Asia as crude oil, spot gold and silver pared back some of the dizzying losses suffered on Thursday when worries over global growth in a market ripe
. By Shavasb Bohdjalian The dollar sank to a three-year low against a basket of major currencies last week after the Federal Reserve said it would end its bond-buying programme in June
Inflation in Cyprus reached 3.3% in April 2011, compared to 2.4% in the previous year and 2.8% in the previous month. According to an official press release, the Consumer Price Index for
Brent crude fell by more than $4 to near $117 a barrel on Thursday as fund managers and traders pulled money from across commodities markets on concerns about interest rate rises and
