Minister of Commerce, Industry and Tourism Antonis Paschalides met with Bulgarian Minister of Economy, Energy and Tourism Traycho Traykov, with whom he discussed tourism and ways to enhance the exchange of tourists
Trade deficit in Cyprus for the period from January to March 2010 was 1,244.8 million euros, with total imports/arrivals amounting to 1,509.3 million euros, and total exports/dispatches to 264.5 million euros. According
Greece can secure badly needed private investment for public-private partnerships (PPPs) in infrastructure despite the Mediterranean country's poor record in their procurement, its economy minister said on Thursday. Despite the launch of
Oil climbed above $74 per barrel on Thursday after Chinese data showed a surge in exports in May and as the IEA revised up its estimate of global oil demand growth for
The ECB kept its main interest rate locked at a record low point of 1.0 percent on Thursday as financial markets demanded details on a controversial programme to buy up debt from
Greece's unemployment rate fell to 11.6 percent in March from a six-year high of 12.1 percent in February, the country's statistics service said on Thursday. Unemployment was 9.2 percent in March 2009.
European finance ministers sought to calm nervous markets on Monday by nailing down details of a massive financial safety net for the euro zone as Germany unveiled new budget cuts it hopes
European shares rose on Thursday ahead of several key central bank interest rate decisions, with banks gaining on a more positive global recovery sentiment and oil spill-hit BP moving off its lows.
Syndicated loans for emerging markets borrowers are being threatened by increased bank funding costs arising from the euro zone crisis, lenders said on Wednesday. The sovereign debt crisis has boosted dollar funding
Financial markets' scepticism of a rescue plan for Greece and a safety net for the euro zone's members is incomprehensible, European Central Bank Governing Council member Axel Weber said on Wednesday.
