Cyprus inflation eases in June

Consumer prices rose by 1.9% in June compared with the same month of 2006, down from 2.2% in May. The consumer price index decreased by 0.22 or 0.21% over the previous month

Bank strike to proceed

The militant bank employees union ETYK has decided to ignore calls for restraint and is pressing ahead with a damaging strike action today from 12.30 noon until 2.30pm at all banks in

Euro area expansion stays robust

The euro area started 2007 on a healthy footing, finds the Quarterly Report on the Euro Area published today. Economic growth in the first quarter reached 3% in annualised terms spurred by

Portfolio returns based on alma mater

A new study circulating through U.S. hedge funds and university campuses points to the powerful role that old-school ties play in the world of investing. Mutual fund managers invest more money in