Following the approval of Cyprus' tonnage tax system, Cyprus is confident that it can gain a ''bigger piece of the shipping pie'', Minister of Communications and Works Erato Kozakou Markoullis has said. Addressing the ''Marfin Laiki Shipping Conference 2010'' Markoullis said that according to the latest figures of the Central Bank of Cyprus, the contribution
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President of the Russian Federation Dmitry Medvedev begins a state visit to Cyprus with a private meeting with the President of the Republic of Cyprus Demetris Christofias. An official welcoming ceremony will be held at the Presidential Palace Thursday morning. The tete-a-tete meeting, at the Presidential Palace, will be followed by official talks and statements
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The number of unemployed persons, registered at Cyprus District Labour Offices on the last day of September 2010, reached 20.671 persons, according to the Statistical Service. Based on the seasonally adjusted data that shows the trend of unemployment, the number of registered unemployed for September 2010 remained at the same level compared to the previous
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South Korean President Lee Myung-bak said on Thursday that foreign exchange policy was among the issues on which G20 economies needed to discuss coordination at next month's summit here. "The world must coordinate, and in that context (countries) need to discuss international coordination on various pending issues including foreign exchange at the G20 Seoul summit,"
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Experts in Cyprus are trying to unravel the identity of one of the island's older inhabitants, after a skeleton was discovered protruding from a cliff in one of the island's richest archaeological sites. The intact skeleton was found at Curium in the southwest of the Mediterranean island renowned for its links to the ancient world.
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Two years after it was posted on YouTube, a video that appears to show an Israeli soldier dancing around a blindfolded and bound Palestinian woman detainee has gone viral on the Internet. The incident, whose authenticity could not be determined independently, has drawn more than 500,000 views on YouTube over the past two days. In
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The European Union should stop pressing China to revalue the yuan as a rapid revaluation could cause turmoil, Chinese Premier Wen Jiabao said on Wednesday. Wen told an EU-China business forum on the sidelines of a summit with European Union leaders that a sharp appreciation of the currency could lead to social unrest in China,
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The United States and EU said on Wednesday that U.N. climate talks were making less progress than hoped due to rifts over rising economies' emission goals, while China pushed back and put the onus on rich nations. Negotiators from 177 governments are meeting this week in the northern Chinese city of Tianjin, trying to agree
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. By Chris Vellacott and Lisa Jucca (Reuters) Tax authorities in Europe should not buy stolen data to help find tax evaders in offshore centres, a top HSBC private banker said. "It saddens me to think that any government would willingly pay for stolen information. No two wrongs ever made a right, at least that's
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The chief executive of Hellenic Exchanges, the operator of Greece's stock and futures markets, said on Wednesday he will step down at the end of October when his contract expires. Spyros Capralos, aged 55 and chief executive since 2004, said he would also step down as president of the Federation of European Securities Exchanges (FESE),
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