Cypriot politicians from both communities of Cyprus gathered in Bratislava to commemorate the 20th anniversary of the bi-communal meetings between Greek Cypriot and Turkish Cypriot political parties, which meet regularly at the
The index of industrial production is provisionally estimated to have reached 94.4 (base 2005=100) in February 2009, recording a decrease of 8.4% over February 2008. For manufacturing, the index decreased by 7.8%
The Cyprus economy narrowly escaped contraction in the first quarter of 2009, with a seasonally adjusted growth rate of 0.01% over the previous quarter, according to the “flash estimate” released on Friday.
Europe sank deeper into recession in the first quarter of this year, official GDP readouts showed on Friday, as tumbling German exports and business investment plus another drop in French economic output
Britain's leading share index ticked up early on Friday as Barclays led banks higher on reports it was in talks to sell its asset management business BGI, but oil producers and drugmakers
Slumping exports pushed German gross domestic product (GDP) down 3.8 percent in the first quarter of 2009, a far steeper drop than economists had forecast and the economy's worst performance since reunification
Germany's economy shrank by a larger than expected 3.8 percent in the first quarter, marking its worst performance since 1990 reunification and underscoring the depth of recession in the euro area. The
Asian stocks rose on Friday as investors bought shares that stood to benefit the most from an expected global recovery, but were set for their biggest weekly decline since March as volume
The U.S. Treasury Department said on Thursday that four insurers had been approved for access to the government's bank bailout plan. A Treasury spokesman said Hartford Financial, Prudential Financial Group, Lincoln National
U.S. Federal Officials have urged banking giant Bank of America Corp (BAC.N) to revamp its board and bring in directors with more banking experience, the Wall Street Journal said. A committee, led
