Figures on consumer prices by economic origin show that the increase in prices is coming from local producers and service-providers, not from abroad. In the first ten months of 2007, prices of
The Cyprus government will distribute euro converter calculators to every household in Cyprus by November as part of the euro-awareness campaign ahead of the full adoption of the euro on January 1,
Moody’s outlook on the Ukrainian banking system reflects the combination of two key factors: its improving financial fundamentals and its significant structural weaknesses. Although the banking sector has achieved substantial progress in
With Ericsson as EDGE supplier and telecom services partner, T-Mobile Germany has completed the first part of its GSM network modernization in record time – a major step towards the operator’s goal
Louis plc and Louis Hellenic Cruises, the owners and operators of the “Sea Diamondâ€, have blamed incorrect mapping of the coast of Santorini for the cruise ship striking a reef and sinking
As world growth continues to slow, central banks in Europe face a difficult arbitrage between growth risks and inflation risks, says a report titled “European Economic Forecast: Europe’s Central Banks Weigh Inflation
Standard & Poor’s Ratings Services said that its ratings and outlook on Credit Suisse Group (A+/Positive/A-1), Credit Suisse (AA-/Positive/A-1+), and related entities were unaffected by the announcement of weaker earnings in the
Inflation reaches 3% in October  The consumer price inflation rate rose again in October, hitting 3% year on year for the first time in over a year, while the movement in
Ocean Tankers Holdings, the only public company quoted in the ‘Shipping’ sector of the Cyprus Stock Exchange, is planning a USD 45 mln rights issue to part fund the acquisition of eight
Cyprus ranks 55th among 131 countries according to the overall ranking in The Global Competitiveness Report 2007-2008, released by the World Economic Forum.The United States tops the overall ranking. Switzerland is in
