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Cyprus 2011 deficit off track; won’t top 4.5% of GDP, says finmin

The public deficit rate will be worse than expected, according to a leaked government memo which the Finance Minister rejected saying Cyprus will meet its target of 4.5% of gross domestic product.

4th May 2011
Cyprus

Euro zone takes third debt crisis patient Portugal into care

 * Greece says hopes Lisbon package will settle markets * Portugal and Greece talked up the benefits of Lisbon's decision to accept a 78-bln-euro bailout from the European Union and IMF on

4th May 2011
Business

Forget About Sex And Have Some Chocolate Instead

  We all know chocolate tastes good, but did you know it has emotional and physical benefits as well? Recently there have been many studies on the effects of chocolate and it

4th May 2011
Cyprus

President: Cyprus tourism sector a top priority

President of the Republic Demetris Christofias said on Wednesday that the tourism sector was a top priority for the government and assured that ''the development and progress of tourism is a strategic

4th May 2011
Business

Odd behaviour of neighbours makes sense after bin Laden killing

– Mysterious neighbours  – Children never came out to play  – Life may never be the same in Abbottabad The children in the white mansion with closed circuit cameras in Abbottabad never

4th May 2011
Business

Manchester United have final date with Barcelona in sight

Manchester United are favourites to book a Champions League final date with Barcelona and will hope to expend the minimum amount of energy against Schalke 04 on Wednesday before this week's big

4th May 2011
Business

Approval of the British royal family had risen to 74% after the wedding

The wedding of Prince William and Kate Middleton is being credited with rekindling the loyalty of New Zealand, the likely future king's most distant realm. A survey released on Wednesday showed approval

4th May 2011
Business

Falling commodities keep US dollar supported

Asian shares fell on Wednesday, led by Chinese markets, with soft commodity prices making investors nervous a broader pullback in risk taking may be unfolding. This week's 14 percent plunge in silver

4th May 2011
Business

Year after Greek bailout, EU ponders rejigged package

An influential member of Germany's governing coalition backed the possibility on Tuesday of easing the terms of Greece's euro zone bailout, a move that might help Athens better weather the debt crisis.

3rd May 2011
Business

TAP and AEGEAN have decided to expand their commercial partnership

Star Alliance members, TAP Portugal and AEGEAN have decided to expand their commercial partnership, by adding new direct code-share services between Lisbon and Athens, as well as to new destinations in Greece,

3rd May 2011
Business
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Retail, construction boost econ sentiment in June

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