Fed likely to pause after weak payrolls

Fed policy makers meeting on Tuesday August 8 will probably to decide to refrain from raising interest rates after nonfarm payroll data came in weaker than expected. The US Labour Department announced

Summer camps mobilise Cyprus youth

The Doves Olympic Movement, which is part of UNDP’s initiative, Action for Cooperation and Trust (ACT) in Cyprus, recently organised a nine-day summer camp in the village of Agros, which brought together

Cyprus Airways schedules extra flights

Cyprus Airways has scheduled extra flights to and from Greece to cope with high demand from tens of thousands of Cypriots travelling to Greece for their holidays. Greece has always been the

Cypriots are warming up to euro

An increasingly number of Cypriots are shifting their opinion about the prospect of introduction of the euro as legal tender from January 2008, according to a Central Bank study conducted by Cyprus

Tourism revenue up in June

Revenue from tourism reached CYP117,7 mln in June 2006 compared to CYP113,3 mln in the corresponding month of the previous year, recording an increase of 3,8%, the Statistics Department said. For the

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