Cyprus’ tourism revenue records decrease

  A decrease in the revenue from tourism was recorded in February 2010 compared to the corresponding month in 2009. According to data by the Statistical Service of the Republic of Cyprus,

Asia stocks near 2-mth high, outlook positive

 Asian stocks hovered near a two-month high on Thursday, with expectations for continued low global interest rates and modest inflation expected to support equity markets in the near term. Wall Street stocks

Euro drops as Greece fears stoked

The euro dropped on Thursday on a report that Greece is not hopeful of aid from the European Union, while Asian stocks hovered near a two-month high, supported by solid growth expectations

166 jobs to go at British bases in Cyprus

The British bases in Cyprus are to reduce their military and civilian personnel as part of the Ministry of Defence efforts to keep support services in-house and not contract them out to