CyprusAid embarks on EUR4.4 mln aid programme

CyprusAid, the Development Cooperation Service of the Republic of Cyprus, is marking its fourth anniversary and looking forward to an active overseas aid programme in approved projects worth EUR 4.4 mln.  CyprusAid

Art sells in Cyprus, despite crisis

Psatharis auction raises €165,000 Psatharis Auction House held its fifth auction at the Hilton Hotel in Nicosia last week where 50 of the 88 works on offer were sold with a sale

Stocks hold gains after U.S. jobs data

World stocks held gains on Friday near this week's 2009 high and the euro hit a one-month high against the dollar while U.S. Treasuries edged up after a mixed U.S. employment report.

U.S. jobless rate hits 25-year high

U.S. employers cut a smaller-than-expected 539,000 jobs in April, the smallest amount since October, according to government data on Friday that hinted at some improvement in the labor market and the recession-hit

In Spain, even the PM’s job is at risk

By Andrew Hay Spanish Prime Minister Jose Luis Rodriguez Zapatero could be fighting to keep his job this year as unemployment nears Depression levels and businesses demand labour reforms which unions warn