Cyprus' economic growth rate will range between 1.5% and 2.0% GDP in 2011, IMF preliminary figures released today show. IMF new estimates are slightly higher than the 2010 forecasts projecting a 1.5%
The EU Economic and Financial Affairs Council (ECOFIN) approved Tuesday Cyprus’ fiscal adjustment programme. The Council said that Cyprus has taken all necessary measures within the deadlines set out by ECOFIN to
Minister of Commerce, Industry and Tourism Antonis Paschalides said on Tuesday that ''Noble Energy'' company would begin works to extract natural gas in late 2011 or early 2012 from one of Cyprus'
If France's presidential election outcome depends on the popularity of the would-be first ladies, Nicolas Sarkozy and his ex-supermodel wife will be no match for his heavy-hitter rivals, the Strauss-Kahn couple, a
Anyone wondering how veteran President Hosni Mubarak lost touch with Egyptian reality needs look no further than this Red Sea resort, where he took refuge after his overthrow last week by a
The cheapest tickets for the 2012 European Championship in Poland and Ukraine will cost 50 percent less than at Euro 2008, UEFA said on Tuesday. European soccer's governing body announced that tickets
With Americans chugging energy drinks like never before, fears are growing among doctors that the ingredients might be putting some consumers at risk. The beverages contain a hodgepodge of caffeine, sugar and
An Italian judge ordered Prime Minister Silvio Berlusconi on Tuesday to stand trial on charges of paying for sex with an underage girl and abuse of office, according to a statement from
Communications and Works Minister Erato Kozakou Marcoullis has said that losses in Cyprus’ economy as a result of Turkey’s air and sea embargo against Cypriot flagged vessels amount to 138,5 million euro,
Minister of Foreign Affairs, Markos Kyprianou, departs today, via Bahrain, for the capital of Qatar, Doha, for a short visit. According to an official announcement, in Doha, Kyprianou will meet the Prime
