EU will not support Turkey blockade of Armenia

The European Commission will not support Turkey in its bid to enforce its embargo against Armenia with the construction of the new railroad from Azerbaijan to Turkey, which is currently under consideration,

Cyprus equities dive 4% lower

Cyprus equity prices came under heavy selling pressure on Wednesday, declining by 4% as a wave of sell orders wiped out Tuesday’s moderate rebound. Cyprus equities were mostly tracking European and US

Cyprus house prices up 17.5% y/y in October

Cyprus residential property prices continued to climb in October, as the BuySell Home Price Index of residential sales prices reached 138.22 in October, a rise of 17.5% on October 2006 and marking