Asian stocks outside Japan rose for the first time in four days on Tuesday while the yen and government bond prices fell after a surprisingly large interest rate cut by Australia's central bank raised hopes that other policymakers would follow suit. Major European stock markets were expected to open as much as 2.3 percent higher,
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During the period January-August 2008, total sales of petroleum products in Cyprus recorded an increase of 2.4% compared with the corresponding period of the previous year. Total sales of petroleum products in August 2008 recorded a decrease of 15.6% compared with the previous month. In that month a small rise was recorded in the sales
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Headline figures from the Statistical Service report that the population of Cyprus (in the government-controlled area of the Greek Cypriot south) was estimated at 789,300 at the end of 2007, recording an increase of 1.4% from the previous year. The population in the district of Nicosia (Lefkosia), the capital, was 310,900 at the end of
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LONDON, Oct 6 (Reuters) – A key pan-European share index plummbeted 8.6 percent in late trade on Monday, on track for its worst one-day percentage fall on record and puncturing a key level for the first time in four years. The pan-European FTSEurofirst 300 index was down 7.6 percent at 1,007.30, after falling as much
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By Jeremy Gaunt and Mark Felsenthal (Reuters) The European Union pledged on Monday to protect people's savings and maintain financial stability while Washington urged a more coordinated approach to the worst banking crisis in nearly 80 years. Amid criticism of a fragmented EU response, French President Nicolas Sarkozy issued a statement from the 27 member
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Poland has moved closer to assembling a blocking minority among European Union members, allowing them to seek changes to Brussels' proposed climate package, Polish officials said. Polish Environment Minister Maciej Nowicki said on Monday he had reached a common view with Greece last week that more debate was needed on the EU's package of climate
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A month after Greek and Turkish Cypriots in divided Cyprus started reunification talks, diplomats are frustrated at the slow pace of negotiations which could make or break Turkey's bid to join the European Union. Turkish Cypriot leader Mehmet Ali Talat and Cypriot President Demetris Christofias began talks on Sept. 3 amid high international hopes of
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The population of Cyprus in the Government controlled area was estimated at 789.300 at the end of 2007, recording an increase of 1,4% from the previous year. According to data released by Cyprus Statistical Service (CyStat), the population in the district of Nicosia was 310.900 at the end of 2007, in Famagusta 43.700, in Larnaka
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Air traffic at Larnaca and Paphos airports increased during June and July 2008, compared to the corresponsive period of the previous year. According to data released by the Civil Aviation Department, in June 2008 air traffic at Larnaca airport rose by 7.1%, and passengers’ numbers increased by 12.2%, whereas air cargo transport was down by
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In a changing market, it remains essential for the rollâ??out of payâ??TV services that conditionalâ??access systems be protected at European level against piracy. This is the verdict of a report published today by the European Commission. Such protection is also a vital precondition for the growth of new content distribution services like video on demand,
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