Cyprus employers worry about low productivity

The Employers and Industrialists’ Federation (OEV) has said it is “most concerned” about the low rate of productivity of Cypriot enterprises, which has already been hurt by the limited amount of lending

Georgia flights to Cyprus start in September

Georgia’s newly-appointed resident ambassador in Cyprus, Vladimer Konstantinidi, met with Christodoulos Angastiniotis, the president of the Nicosia Chamber of Commerce and Industry (EVEL) and other officials, with whom he discussed ways to

LDK awarded environmental contracts in Cyprus

LDK Consultants was recently assigned, following international tendering procedures, two important environmental projects in Cyprus and in the south-eastern Mediterranean countries. In particular, the Solid Waste Management Department of the Ministry of

Cyprus to acquire its first wind park

Cyprus government signed on Friday a contract for the construction of the island's fist wind park, expected to be completed in mid 2010. The park, one of the biggest in the Eastern

US economy shrinks modestly, consumption falls

The U.S. economy contracted at a slower-than-expected pace in the second quarter, government data showed on Friday, but a sharp drop in consumer spending fanned fears that recovery would be sluggish. Gross