European shares fall; banks and oils weigh

 European shares slid 2.4 percent by midday on Monday as investors digest corporate profits falling at the start of another busy week for earnings, and with banks and energy stocks the biggest

Cyprus construction sector worth EUR 2.7 bln

The Statistical Service has announced the publication of the annual report “Construction and Housing Statistics, 2007”. The report contains detailed data on the construction sector, pertaining, inter alia, to output, capital formation,

Banks, oils drag European shares lower

European shares were lower early on Monday as investors worried about corporate profits, with banks and energy stocks the biggest losers on the index. By 0932 GMT, the pan-European FTSEurofirst 300 index

Cyprus loan growth in Dec ’08 at 33.4%

Total loan growth in Cyprus by December 2008 reached 33.4%, down from November’s 38.8% growth with the total amount of all loans at EUR 54.71 bln, according to the December Monetary Survey