Cyprus and China will sign an agreement on health matters, during a visit to the island by the Chinese Deputy Minister of Health Li Xi between November 29 and December 1. During his visit, the Ministry of Health of the Republic of Cyprus and the Ministry of Health of the People’s Republic of China will
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The annual World Congress of the International Real Estate Federation (FIABCI) is to take place in Cyprus, for the first time, between 16th and 21st May 2011. Speaking at a press conference on the subject here today, Minister of Commerce, Industry and Tourism Antonis Paschalides said that hosting such an important, financial and professional event
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After the negative record of 2009, when the GDP dropped 1.7%, the Cypriot economy returned to positive growth rates in 2010, which are expected to accelerate over the next two years and approach the average of the Eurozone countries. According to European Commission projections, Cyprus' GDP will rise by 0.5% in 2010, 1.5% in 2011
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Total sales of petroleum products recorded a decrease of 5.2% compared with the previous month in October 2010. The Statistical Service noted a “considerable decrease” in the sales of Heavy Fuel Oil, Unleaded Motor Gasoline and Gasoil for Marine use, while an increase was recorded in the sales of Asphalt and Gasoil. The total stocks
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More than half of women of childbearing age in Cyprus have given birth by Caesarean section, according to the Statistical Service ad-hoc report “Perinatal Health Survey 2007”. If you know your Shakespeare, that means that Macbeth would not last long in this modern age. The report found that 50.9% of childbearing women had undergone a
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Germany and France declared on Monday that Europe had taken decisive action to save the euro by rescuing Ireland and laying the foundations of a permanent debt resolution system, but markets were unconvinced. Under pressure to arrest the threat to the currency before markets opened and prevent contagion engulfing Portugal and Spain, EU finance ministers
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National Bank of Greece, the country’s biggest lender, will release nine-month results on Monday, a day ahead of schedule because of a reporters' strike on Tuesday. "National will announce results after the market close today because of the 24-hour journalists' strike on Tuesday," said a NBG official who declined to be named. The Athens stock
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Greek producer prices rose 5.0% year-on-year in October, easing from a 5.8% clip in September as price increases in energy costs softened, the country's statistics service said on Monday. Greek consumer price inflation slowed to 5.2% year-on-year in October after hitting a 13-month high of 5.6% in the previous month. "The softening in the year-on-year
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Greece will have until 2021 to repay its 110 bln euro EU/IMF bailout loan, the country's finance minister said on Monday. In return, Greece will have to pay a higher fixed interest rate of about 5.8% from 5.5%, George Papaconstantinou told reporters. "The repayment, which was now until 2015, will go to 2021 … we
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Hellenic Bank on Monday posted a 16% drop in nine month net profit to 12 mln euros, reporting a drop in income on a group basis and losses at its operations in Greece. Group pretax profit came in at 16.14 mln euros for the period ended September 30, a 26% decline compared with a year
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