Motor registrations continued to decline in January but at a much milder pace than for much of 2010. In January 2011, total registrations of motor vehicles reached 3,251, compared with the 3,448 recorded in January 2010, thus marking a fall of 5.7%. However, in January 2010 registrations had decreased by 22.6% and declined in double
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The number of building permits authorised by municipal authorities and district administration offices dropped for a ninth straight month in December, falling by 7.3% over the year earlier to 733. The total value of these permits fell in the same period by 16.2% to EUR 191.8 mln while the the total area fell by 17.7%
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2010 growth probably around 0.9% Economic growth in Cyprus accelerated in the fourth quarter of 2010 compared with the year earlier according to the latest Flash Estimate compiled by the Statistical Service. Gross domestic product (GDP) is estimated to have risen in real terms by 2.1% over the corresponding quarter of 2009, compared with 1.9%
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The cheapest tickets for the 2012 European Championship in Poland and Ukraine will cost 50 percent less than at Euro 2008, UEFA said on Tuesday. European soccer's governing body announced that tickets for the June 8 to July 1 tournament would start at 30 euros ($40.52) for group games and from 50 euros for the
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With Americans chugging energy drinks like never before, fears are growing among doctors that the ingredients might be putting some consumers at risk. The beverages contain a hodgepodge of caffeine, sugar and dietary supplements such as vitamins and herbal extracts, whose effects aren't well understood.
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An Italian judge ordered Prime Minister Silvio Berlusconi on Tuesday to stand trial on charges of paying for sex with an underage girl and abuse of office, according to a statement from the judge's office. Trial has been set to start on April 6, according to the statement from Judge Cristina Di Censo's office. Though
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Communications and Works Minister Erato Kozakou Marcoullis has said that losses in Cyprus’ economy as a result of Turkey’s air and sea embargo against Cypriot flagged vessels amount to 138,5 million euro, accounting for 1,3 % of the GDP (Gross Domestic Product). Addressing an international conference on transport, in Larnaca, Marcoullis said that the Turkish
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Minister of Foreign Affairs, Markos Kyprianou, departs today, via Bahrain, for the capital of Qatar, Doha, for a short visit. According to an official announcement, in Doha, Kyprianou will meet the Prime Minister and Minister of Foreign Affairs of the country, Hamad Bin Jassim Bin Jabr Al-Thani, with whom he will discuss bilateral relations as
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The British army apologised on Tuesday after nearly 40 long-serving soldiers were told by email that they were losing their jobs. The 38 warrant officers, including one deployed in Afghanistan, were told their contracts would be cancelled because of defence cuts, the Sun newspaper said. "It was out of the blue. We're disgusted," said one
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European shares rose on Tuesday, extending the previous session's 29-month closing high, after encouraging results from corporate heavyweights Barclays and French food group Danone. The results helped the market shrug off initial weakness after weaker than expected GDP figures from France and Germany, and by 0844 GMT, the pan-European FTSEurofirst 300 index of leading shares
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