Cyprus is ageing

According to the recently published by the European Commission ‘Ageing Report’, the Cypriot economy is expected to experience a slowdown of economic growth over the coming decades, from 4.3% during 2004-2010 to

Ajet under EC scrutiny for safety

The European Commission adopted the second quarterly update of the Community list of airlines banned in the European Union, which was drawn up in March 2006 and already amended last June. The

Fed talk confuses market

The USD was put under pressure as the previous mega hawk William Poole turned dovish, but comments from Fed’s Moscow brought the slide to a halt. The dollar eased after Poole said

Nokia completes acquisition of gate5 mapping

Nokia announced that it has completed its acquisition of gate5 AG, a leading supplier of mapping, routing and navigation software and services. The acquisition of gate5 is an important step in developing

Construction output accelerates in Q2

Construction output in Cyprus accelerated in the second quarter of 2006 and also rose faster than initially estimated in the first quarter, according to the latest figures from the Statistical Service. The