The European Central Bank expects the Bank of England to join its stock and bond settlement project and bring down costs for investors even further, ECB Executive Board member Gertrude Tumpel-Gugerell said
Cyprus managed to increase the proportion of GDP spent on research and development in 2007, but it still falls well below the EU target of 3% of GDP by 2010. On the
The annual harmonised consumer price inflation (HICP) rate continued to fall in Cyprus last month, with prices rising by just 0.1% in June 2009 compared with June 2008. The consumer price index
Second thoughts about the U.S. economy's ability to recover soon hit global stocks on Monday, set Wall Street up for likely losses at the open and gave the dollar a boost. Investors
Declining oils and miners pushed Britain's top share index down 1.3 percent by midday Monday, on the back of weaker crude and metals prices as economic jitters intensified, but losses were capped
Oil fell to around $64 a barrel on Monday and touched a five-week low, pressured by doubts over the prospects for a global economic recovery. The U.S. jobless rate reached a 26-year
The Group of Eight nations should not presume a global economic recovery is near, World Bank President Robert Zoellick said in a letter to G8 host Italian Prime Minister Silvio Berlusconi obtained
The XVI Mediterranean Games in Pescara, Italy, concluded on Sunday evening with the closing ceremony starting from the “Stadio del Mare” continuing in the streets of Pescara, and ending with a beach
Sterling tumbled broadly on Monday, hitting a one-month low against the dollar, as wariness over the economy and expectations the Bank of England would increase its asset buying programme weighed on the
Britain's top share index fell 1.1 percent early on Monday on concerns about the global economic outlook, with heavyweight oils, miners and banks leading the market lower. By 0821 GMT, the FTSE
