The EU-harmonised consumer price inflation rate followed the national consumer price index (CPI) upwards in January, reaching 2.0% compared with 1.5% in December 2012, as various austerity-related VAT and other excise duties kicked in. However, it was lower than the 3.1% recorded in January 2012. The CPI reached 1.8% in January compared with 1.1% in

The number of building permits authorized by the municipal authorities and the district administration offices during December 2012 stood at 471. The total value of these permits reached EUR 124.9 million and the total area 90.4 thousand square metres. These building permits provide for the construction of 404 dwelling units. In the period January –

Expenditure on health services increased from 6.7 % of GDP in 2008 to 7.2% in both 2009 and 2010 according to the annual report “Health and Hospital Statistics”. Total expenditure in 2010 is estimated at EUR 1,260.0 mln (EUR 1.3 bln), of which EUR 574.6 mln represents expenditure of the public sector and EUR 685.4

Revenue from tourism declined in November, but not as fast as the number of arrivals. Revenue from tourism fell by 3% to EUR 62.8 mln in November 2012 according to the Passenger Survey, compared with EUR 64.8 mln in the corresponding month of the previous year. Arrivals in November fell by 9.5% compared with the

Maybe it is because Cypriots do not flush paper down the toilet and instead bag it up, maybe it is because retailers still put everything multiple plastic bags, but whatever the reason Cyprus produces the highest amount of municipal waste in the European Union according to figures from the Statistical Service. In 2010 (the latest

Hackers breached the Twitter account of fast-food chain Burger King, posting the online equivalent of graffiti and sometimes making little sense. Burger King Worldwide Inc suspended its Twitter account about an hour after it learned of the attack at 12:24 p.m. EST on Monday, company spokesman Bryson Thornton said in an email. "It has come

Armenian President Serzh Sarksyan has won a new five-year term, the Central Electoral Commission said on Tuesday. Police said after polls closed on Monday that they had received 70 reports of voting violations, including bribery at polling stations, and that they had opened two criminal investigations. The president, 58, has vowed to sustain economic recovery

Jerry Buss, who parlayed a $1,000 real estate investment into ownership of the Los Angeles Lakers, winning 10 National Basketball Association championships and making the team one of the most glamorous in American sports, died on Monday at 80, the team said on its official website. Buss, who matched superstar players with brilliant coaches and