Greece’s Prime Minister George Papandreou has stressed his country’s determination to continue working towards finding a just and viable solution to the Cyprus problem. Arriving in Cyprus for a short working visit,
The euro leapt to its highest in nearly a month on Monday, surging 1 percent on the dollar and yen as investors who had sold it scrambled to buy it back after
Euro zone finance ministers approved a giant 30-billion-euro ($40 billion) emergency aid mechanism for debt-plagued Greece on Sunday but stressed Athens had not requested the plan be activated yet. Together with at
The euro zone's rescue plan for debt-stricken Greece does not undermine the European single currency, Jean-Claude Juncker, chairman of the Eurogroup of finance ministers, said on Monday. Asked by Deutschlandfunk German radio
— €3 bln in UK and Switzerland — Wealthy Greeks and companies, spooked by the debt crisis hitting their country are believed to have moved up to EUR 3 bln out of
Cyprus' GDP in the fourth quarter of 2009 shrank by 0.3%, compared to the previous quarter, according to the second estimates released by Eurostat. On a yearly basis, Cyprus' GDP in Q4
President Demetris Christofias recently met with a delegation from the Cyprus Union of Shipowners, which presented efforts on behalf of the Union to increase the number of ships flying the Cyprus flag.
The first of 41 wind generators with a combined production capacity of 82 MW has gone up at the Oreites wind farm near Paphos, as part of the island’s ambitious plans to
Armenia’s Eurovision song contest hopeful Eva Rivas will be in Cyprus for a number of promotional performances, including an appearance at the Sipan dance ensemble annual performance at the Strovolos Municipal Theatre
The Cyprus Hotel Association has issued its summer rates with 132 member hotels publishing reduced prices in a bid to attract local holidaymakers. The whole list is available on the association’s website,
