Cyprus Telecommunications Authority (Cyta) has recorded positive results for 2012 despite the challenging economic environment with its earnings from operations amounting to €63,7 million compared to €67,2 million in 2011. At the same time, the Organization’s predictions for 2013 are also promising. The financial results of the organization were presented by Stathis Kittis, CyTA`s chairman
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Finance Minister Haris Georgiades has expressed optimism that the first evaluation of the economic adjustment program for Cyprus by the Troika will yield a good outcome. "The Government has worked intensively during the past few weeks. I am optimistic that we will have a good outcome through the evaluation process”, he noted during a press
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An astronomer studying archived images of Neptune taken by the Hubble Space Telescope has found a 14th moon orbiting the planet, NASA said on Monday. Estimated to be about 12 miles (20 km) in diameter, the moon is located about 65,400 miles (105,251 km) from Neptune. Astronomer Mark Showalter, with the SETI Institute in Mountain
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A giant panda at the Atlanta zoo delivered an extra bundle of joy on Monday when she gave birth to twins, an apparent surprise to zoo officials who had been excitedly anticipating the birth of a single cub. Lun Lun delivered the tiny, hairless duo at 6:21 p.m. and 6:23 p.m. EDT, the first giant
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Greek lawmakers voted early on Tuesday in favour of pressing criminal charges against former finance minister George Papaconstantinou in a scandal over a list of potential tax evaders that sparked outrage among crisis-hit Greeks. News of the existence of the "Lagarde list" of about 2,000 Greeks with money stashed overseas sparked a political scandal last
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A Boston-area man accused of threatening to blow up an airplane allegedly had all the materials needed to build a pressure-cooker bomb before this kind of weapon was used in the Boston Marathon attack in April, according to comments made by the man's mother in a recently unsealed police affidavit. While investigators working with the
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Asiana Airlines said Monday it will sue a TV station that incorrectly reported racially offensive names of four pilots onboard the flight that crash-landed in early July at San Francisco International Airport. An anchorwoman at KTVU, a Fox affiliate based in Oakland, California, fell victim on Friday to an apparent prank and reported four bogus
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Trains ground to a halt and hospitals worked with emergency staff as Greek workers went on strike on Tuesday in protest at government plans to fire thousands of public sector employees. Athens must reform and shrink its civil service to receive more bailout funds from foreign lenders but the latest plan of job cuts has
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Egyptian police and protesters clashed in central Cairo early on Tuesday after fights broke out between supporters of ousted Islamist President Mohamed Mursi and locals angered when they tried to block major thoroughfares crossing the River Nile. The MENA state news agency said at least 22 people were injured in the violence, which began just
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The Cyprus Tourism Organization (CTO) launches an advertising campaign the following weeks, aiming at upgrading the services offered to the tourists who choose Cyprus for their vacations. The main goal is to encourage people working in the tourist industry ( hotel employees, waiters, taxi drivers etc) to accommodate the tourists in the best possible way,
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