The annual inflation rate jumped to 2.84% in January from 1.64% in December according to the latest figures from the Statistical Service, largely owing to an increases in taxes. From January 2011 the EU minimum VAT rate of 5% was applied to food and medicines and from late 2010 additional duties were also slapped on
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Registered unemployment accelerated in January, rising by 22.3% compared with January 2010 to 28,914. The pace of increase was faster than in the previous four months, when an average increase of 19.3% had been recorded. Moreover, unemployment also climbed on a seasonally adjusted basis, rising by 2.9% over the previous month. The main increase compared
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– Call for green power grids, standards for electric cars – Call for total energy solidarity by 2015 European Union leaders look set to agree to merge and strengthen energy networks, a move that gives fresh impetus to the renewable energy industry and will help
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Love is in the air, but book your romantic getaway for Valentine's Day early to avoid becoming that couple having a spat in your local restaurant over the expense and disappointment of leaving it to the last minute. Online travel advisor Cheapflights.com (www.cheapflights.com) helps you to choose a loveshack to suit your beloved's tastes. Reuters
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Russia has resumed official exports of sturgeon caviar to the European Union after nine years of ban, a fishery watchdog said on Friday, hoping to curb poaching and flood international markets in five years. Stocks of sturgeon, known in Russia as the "Tsar fish", have shrunk since the fall of the Soviet Union,
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European countries must implement the structural reforms that Germany has already carried out over the last couple of decades to ramp up competitiveness, the European Union's top economic official said on Friday. Economics and Monetary Affairs Commissioner Olli Rehn said Germany's economy entered the crisis on a stronger footing than others within the EU because
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French Ambassador to Nicosia Jean-Marc Rives told European Affairs Parliamentary Committee President Nicos Kleanthous of his country’s readiness to offer any help asked for by Cyprus during the preparations for its EU Presidency. According to an official announcement the topic of the assumption of the EU Presidency by Cyprus during the 2nd semester of 2012
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Analog television transmissions will be terminated on July 1st 2011 said here today Minister of Communication and Works Erato Kozakou Markoulli, adding that Cypriot citizens have much to gain from the transition to digital television. Speaking during a seminar on the subject of how digital television will affect Cypriot citizens Markoulli said that the
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– Germany, France seek broader consensus on fiscal rules European Union leaders will discuss strengthening the euro zone's 440 billion euro bailout fund at a summit on Friday and try to agree how best to insulate the region from the year-long debt crisis. Germany and France will set out proposals for tighter economic and
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" Thirty years after the first Internet addresses were created, the supply of addresses officially ran dry on Thursday But don't panic. The transition to a new version of addresses is already well under way and, for most people, should occur without even being noticed. At a special ceremony in Miami on Thursday, the
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