On the basis of the results of the Passenger Survey, revenue from tourism reached EUR 33.9 mln in February 2010 compared to EUR 36.3 mln in the corresponding month of the previous
On the basis of preliminary estimates for foreign trade in January 2010 total imports/ arrivals reached EUR 441.6 mln, of which EUR 275.2 mln were arrivals from other member states of the
The Cyprus economy shrank by 1.7% in 2009, according to the latest full figures on the national accounts, despite government efforts to prop up the economy. The main reason for the fall
European shares bounced back on Tuesday after slipping in the previous session, with banks advancing ahead of the outcome of the U.S. Federal Reserve's policy meeting later in the session. At 0910
World stocks climbed on Tuesday while the dollar was corralled as investors bet the U.S. central bank will repeat its vow of keeping interest rates low for an extended period after its
There are signs of increasing demand for oil, Saudi Oil Minister Ali al-Naimi said on Tuesday, which could mean OPEC does not have to take any action on supply this year. "We
The government of Cyprus will soon open three more consulates in Russia, in the framework of its policy to facilitate Russian tourists who wish to visit the Mediterranean island, Minister of Commerce,
Cyprus President Demetris Christofias and Turkish Cypriot leader Mehmet Ali Talat will meet here Tuesday, in the framework of the direct negotiations with a view to reach a settlement of the problem
Finance ministers from the 16-country euro zone agreed on Monday to mobilise financial aid for Greece rapidly if needed but revealed little of how their standby plan for the debt-stricken nation would
Stocks fell slightly on Monday on persistent concerns the Chinese government may tighten credit, which could hinder the global recovery from recession. Bank shares dipped, with the KBW bank index (.BKX) down
