easyJet , the UK’s largest airline, is launching an inclusive fare for corporate passengers and travel bookers looking for easy, one-step transactions. The great value fare combines services important to corporate bookers, such as a bag and seat selection, with easyJet’s famous low fares. The new Inclusive Fare is only available through the GDS and
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RICS Research Report – “The Housing Sector in Europe – Household Consumption long-term and during the crisis” Housing related consumption in Europe was the only type of household expenditure which was not reduced during the economic and financial crisis, in contrast with other components of consumption and GDP trends, says RICS research report published today
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A new "zero tolerance" policy and a reaccredited testing laboratory will help Turkey fight doping following a string of positive cases, the head of Turkey's bid to host the 2020 Olympics said on Wednesday. More than 30 athletes were banned by the Turkish Athletics Federation in August and Turkish official Ugur Erdener said this was
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Keeping rates on hold will be the easy part of the European Central Bank meeting on Thursday: the harder job will be chief Mario Draghi having to balance talking up euro zone recovery and talking down market rates. Recent economic data has come in relatively strong, largely validating the ECB's main scenario of a gradual
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The Cyprus Cooperative Credit Institutions will retain part of its earnings, which can be used to recover the shares acquired by the state despite the fact that it is being nationalised due to a €1.5 billion capital injection. The state will acquire 99% of the share capital of the Cooperative Credit Institutions (CCI`s) as it
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The European Commission (EC) has launched a new project to strengthen the efforts already in place to preserve the island-wide cultural heritage in Cyprus. The EU contribution will amount to €2 million and will support the work of the bi-communal Technical Committee on Cultural Heritage, said a press release issued today by the EC. "The
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Cyprus fiscal deficit reached 2.17% of GDP during the first seven months of 2013, compared to 3.44% during the same period in 2012. According to data released on Wednesday by the Ministry of Finance, revenue between January–July 2013 recorded an increase of 0.20% compared to the corresponding period of 2012, while the expenditure decreased by
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UK and Ireland tourist operator TUI will be holding its retail conference in the Cypriot seaside resort of Ayia Napa between November 3 and 6. An Ayia Napa Municipality press release issued here today notes that the conference takes place as a result of the efforts undertaken by Ayia Napa Mayor Yiannis Karousos and the
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Unemployment in Cyprus has hit new record high according to figures released Wednesday by the official Statistical Service. According to the Statistical Service of the Republic of Cyprus, the unemployed persons, registered at the District Labour Offices on the last day of August 2013, reached 48.451 persons compared to 48,001 persons in the previous month
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The Cabinet decided on Wednesday that up to €299 million will be earmarked in total in the 2013 – 2014 budgets for compensation of provident fund and pensions deposits in former Cyprus Popular Bank (Laiki), Deputy Government Spokesman Victoras Papadopoulos has said. In statements he made to the press after the Cabinet meeting, Papadopoulos said
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