Industrial turnover fell in January as the industrial turnover index dropped by 5.0% over the year earlier to 103.2 (base 2005=100). Industrial production in the same period fell by 3.2%. The manufacturing
Lending bail-out funds to Greece at high interest rates would make an economic recovery impossible, the chief economist of the International Monetary Fund said in a newspaper interview published on Tuesday. IMF
Greece managed to place 1.95 billion euros ($2.63 billion) of 13-week T-bills on Tuesday but had to pay paid a high yield of 3.65 percent, up from 1.67 percent in a previous
European shares rose on Tuesday, buoyed by corporate earnings optimism, while concerns over Greece's parlous fiscal situation weighed on the euro. Investors anticipated strong numbers from Goldman Sachs Group Inc (GS.N), which
Flights from large parts of Europe were set to resume on Tuesday under a deal to free up airspace closed by a huge ash cloud, but strengthened eruptions from an Icelandic volcano
A December cyberattack on Google Inc computers hit the company's password system that millions of people worldwide use to access almost all of the company's Web services, The New York Times said,
The videoconferencing industry is getting a boost in demand from the disruption to business travel across Europe caused by a volcano in Iceland, Cisco Systems said. "The only evidence is anecdotal, but
Cyprus spent less on social protection than the EU average in 2007, according to a newly published report entitled Social Protection in Cyprus 2007. Social Protection expenditure includes old age, sickness, disability,
Construction prices inched up in March, as the Price Index of Construction Materials for March 2010 rose by 0.59% over the previous month to 119.03 (base year 2005=100.00) and by 1.54% over
Official figures confirm that the budget deficit ballooned in 2009, reaching EUR 1,028.7 mln, or 6.1% of GDP, from less than 1% of GDP in 2008. Expenditure in 2009 increased by 5.5%
