Bomb damages tax office in Athens, no injuries

A homemade bomb exploded outside a Greek government taxation office in Athens on Friday, damaging nearby buildings but causing no injuries, police said. "The explosive device went off around 0230 GMT, shattering

MPC – Stepping stone to August

There looks to be virtually no chance the MPC will move rates at the July meeting, according to an analysis by Citigroup analysts. But, the MPC will soon need to decide whether

UN General Assembly adopts UNFICYP budget

The plenary of the UN General Assembly adopted on June 30 the budgets of 14 peacekeeping forces, including the UN Peacekeeping Force in Cyprus (UNFICYP). The General Assembly adopted the report of

Cyprus unemployment rate at 5.3% in May

The euro area seasonally adjusted unemployment rate was 9.5% in May 2009, compared with 9.3% in April 2009. According to figures published by Eurostat, unemployment in Cyprus rose to 5.3% in May