Chairman of the Council for Reconstruction and Resettlement (CRR) Nicos Mesarites has said that the Council is ready whenever Famagusta is returned to its lawful inhabitants to reconstruct it. In statements to
After a brief ray of light in June, when arrivals rose by 5.5%, the number of tourism arrivals was disappointment in July, inching up by only 0.7% over the same period of
The Cyprus trade deficit widened to EUR 2.6 bln in January-June 2010, from EUR 2.3 bln in the same period of 2009, according to preliminary estimates for June. Total imports/ arrivals amounted
Consumer price inflation rose for the second straight month in July, as prices rose by 2.6% over the year earlier, up from 1.9% in June and 1.6% in May. The clear culprit
Unemployment measured on a seasonally adjusted basis fell for the first time in seven months in July, reaching 23,218, compared with 23,555 in June. Non-seasonally adjusted unemployment was up 27.3% over the
Turkish Cypriots spent EUR 9.8 mln using credit and debit cards in the southern part of Cyprus during the first seven months of the year, according to data from the credit card
Credit card spending by locals leapt in July according to data from the credit card company JCC. Local plastic card use by Cyprus residents increased by 5% over the year earlier to
Turkey's staunchly secular military named a new head of the armed forces and army chief on Monday, ending days of uncertainty caused by allegations of plots to undermine Prime Minister Tayyip Erdogan's
European shares rose on Monday, above key resistance levels, rebounding from the previous session's sharp losses, with commodity stocks leading the risers supported by stronger metal and oil prices. Growing speculation the
Former Wimbledon finalist David Nalbandian made the most of his first tournament since April by turning aside eighth seed Marcos Baghdatis from Cyprus 6-2 7-6 to win the $1.2 mln Washington Classic
