Cyprus Ambassador to Armenia presents credentials

Petros Kestoras recently presented his credentials to President of Armenia Serzh Sargsyan, as Ambassador of the Republic of Cyprus to Armenia, based in Moscow. According to an official press release, Sargsyan referred

European shares fall as oil, banks weigh

European equities fell in midday trade on Wednesday, with bank shares extending their slide, and oil producers and commodity stocks also declining. At 1032 GMT, the pan-European FTSEurofirst 300 was down 1.1

Cyprus property deals decline 53% in May

The number of property sale contracts transacted during May 2009 fell by 53.2%, taking the reduction since the beginning of the year to 60.7% year-on-year compared to a year ago, according to

Sony lifts curtain on new PSP

Sony Corp unveiled on Tuesday a smaller, lighter PlayStation handled game device called the PSP Go, in a race to catch rival Nintendo in an intensely competitive mobile games arena. Hours before,