Cyprus' final decision on the natural gas will take into consideration all developments in the region as well as the possible natural gas reserves in the island's territorial waters, Minister of Commerce,
Minister of Labour and Social Insurance Soteroula Charalambous has said that supporting measures are needed for the integration of young people into the labour market, such as vocational training, counseling support, practice
The trade deficit in Cyprus widens to EUR 4,263.0 mln in January-October 2010 compared with EUR 3,897.2 mln in the corresponding period of 2009. The main reason was total imports/arrivals (covering total
The Cyprus tourism sector enjoyed a better year in 2010, with arrivals increasing by 1.5% for the whole year to 2,172,993, having declined by 10.9% in 2009. However, arrivals ended the year
European Union finance ministers agreed on Tuesday to include targets on liquidity in new, tougher European bank stress tests, but bankers remain sceptical whether tests will placate nervous investors. The tests will
Iranians will no longer be able to buy bargain gasoline from Friday as President Mahmoud Ahmadinejad tries to bolster the sanctions-hit economy by phasing out subsidies on basics such as energy, food
Lebanese politicians, unable to resolve disputes over a tribunal set up to try the assassins of statesman Rafik al-Hariri, have once again deferred to outside powers to try to douse a slow-burning
Citigroup Inc posted a $1.3 billion quarterly profit on Tuesday, as the third-largest U.S. bank rounded off a year of recovery from the financial crisis. The company reported a net profit of
A record monthly jump in prices drove British inflation to an 8-month high in December, piling pressure on the Bank of England to raise interest rates and show it is not letting
Italian opposition parties stepped up calls on Tuesday for Prime Minister Silvio Berlusconi to resign over a probe into allegations he paid for sex with several young women, including a 17-year old
