Standard and Poor's decision to place Cyprus on review for possible downgrade will not affect its plans to tap international markets later this year, Finance Minister Charilaos Stavrakis said on Thursday. "It
Cyprus' January – April 2010 Turnover Volume Index of Retail Trade decreased by 1.2% compared to the corresponding period of 2009, according to figures released on Wednesday by Cyprus Statistical Service. The
— Fed chairman says U.S. outlook "unusually uncertain" – The yen neared a 7-1/2-month high and Asian stocks slid on Thursday after comments by the head of the Federal Reserve added to
Retail sales fared poorly in April, a month in which tourism arrivals were also down sharply as flights were disrupted by volcanic ash. The turnover volume index of retail trade for April
The industrial turnover index for April 2010 fell by 3.7% compared with April 2009 according to the latest figures from the Statistical Service. For the period January-April 2010 the index recorded an
Registrations of motor vehicles dropped by 14% over the year earlier the first six months of 2010 according to the latest figures from the Statistical Service. Total registrations reached 23,562 in January
Turkey stands to gain a peace dividend of over EUR 17 billion every year from a solution of the Cyprus problem, according to new research published by the Cyprus Centre of the
Ratings agency Standard & Poor's Corp. warned the Cypriot government Wednesday that its credit rating could be lowered if it doesn't take action to protect the economy against fiscal pressures and the
The outlook for the Omani banking system remains stable, reflecting its remoteness from and relative resilience to the recent global economic turmoil, Moody's Investors Service said in its new Banking System Outlook
. Many small businesses around the world, especially in Turkey and the Middle East, plan to boost investment and hiring, a survey showed on Wednesday, at a time when the global outlook
