Turkish occupation is responsible for the destruction of Cyprus' cultural heritage, President of the Republic Demetris Christofias has said, noting that Turkey must contribute to the solution of the Cyprus problem. Speaking
Preliminary estimates for national accounts in 2008 show that there was a slowdown across almost all private sectors in 2008 but that the government helped to prop up growth by accelerating spending.
The industrial output prices index rose by 3.5% over the year earlier in January 2009, reaching 118.6 (base 2005=100). Compared with the previous month, output prices fell by 3.3%. For index for
Charges for calling, texting and mobile internet surfing will be cut from 1 July 2009. MEPs negotiated a compromise with the Czech Presidency on the extension of the 2007 roaming regulation. The
The Civil Registry and Migration Department of the Ministry of Interior of Cyprus announced that as from January 1, 2009, the housemaids’ minimum gross salary will be adjusted on the contracts every
The European Commission assessed the updated Stability Programme of Cyprus and found that the fiscal policy in 2009 will be rather expansionary. According to a press release issued by the Commission on
EU Economic and Monetary Affairs Commissioner Joaquin Almunia announced on Tuesday during a press conference the European Commission's recommendation to Cyprus to reverse the projected fiscal loosening in 2010 and beyond. Almunia
The Treasury Department said it will send proposals to Congress this week that would let it seize troubled non-bank financial firms, one day after Treasury Secretary Timothy Geithner called for expanded powers
By Tim Gaynor Realtor and mortgage broker Jullisa Kalish thrived in the property boom. Now that it has turned to bust, she is back in college working toward what she hopes will
Organizers of the 2010 Winter Olympics have felt the pinch of the global credit crunch, but said on Wednesday that will not pose a problem because they are currently flush with cash.
