Business - Page 2194

The IMF is in Turkey this week to review its USD 10 bln 3-year stand-by loan, at a time when the country’s EU accession course is in doubt and the stronger lira

The European Commission, in association with a number of professional media and science organisations, is launching an innovative web portal designed for audiovisual and scientific communities in Europe, to support their work

Luxury car maker Jaguar has appointed Cyprus Premium Automobiles as its new distributor in Cyprus from May 1. CPA, part of the Pilakoutas Group, will also have a new custom-built home in

Cyprus had the fifth-lowest seasonally adjusted unemployment rate in the EU25 in April, at 4.8%, compared with 8.9% in the EU25. The EU 25 unemployment rate was unchanged from March, while the

Consumer prices in Cyprus fell by 0.02% compared with the previous month in May, as the index recorded 120.65 compared with 120.67 in April 2005. The Statistical Service CYSTAT reported that this

In its latest Global Forecast dated June 2 (ie after the French and Dutch referendums), the Economist Intelligence Unit expects the euro to be slightly weaker against the dollar than previously assumed,