Τhe enhancement of safety, security and efficiency of maritime traffic as well as the prevention of pollution of the eastern Mediterranean Sea are among the main concerns of the Ministry of Communication
The Cyprus Shipping Chamber organised a gala dinner at the Hilton Park Hotel in Nicosia last week to celebrate its 20th anniversary, initially established as the Cyprus Shipping Council. In his address
January’s rainfall was only 78% of the month’s average over previous years, with the highest amount recorded at the Stavros tis Psokas forest station, followed by Prodromos and Platania villages, as well
Bank of Cyprus is to offer up to EUR 1.5 bln in soft loans and simplified loan arrangements as part of its efforts to boost the economy, Group CEO Andreas Eliades said
The Nicosia Chamber of Commerce and Industry (EVEL) wants to see the capital regain its crown as the primary venue for conferences on the island, calling on the government to revive the
President Demetris Christofias announced a new stimulus package worth EUR 300 mln on Tuesday to accelerate the growth rate of the local economy and to maintain unemployment at low levels. The government
The Democratic-led U.S. Senate will try again on Friday to pass a $937 billion stimulus package aimed at boosting the battered economy as some of the worst unemployment data in decades boosted
Companies in England and Wales went bust at the fastest rate since 1991 late last year as Britain plunged into recession, and experts predict a domino effect of business failures for 2009.
The Bank of England said it would launch a scheme to purchase commercial paper issued by British companies on Feb. 13, unveiling the first concrete details of its Asset Purchase Scheme to
The United States shed nearly 600,000 jobs in January and German and British industry output plunged the month before, data showed on Friday, while an array of Japanese firms suffered heavy body
