The severe financial crisis that started with the Eurogroup meeting on 15th March appears to have led to almost immediate deflation in Cyprus, with the consumer price index dropping over the year
The budget deficit under the previous government came in at EUR 1,127.3 mln, or 6.3% in 2012, the same percentage recorded in 2011. Overall revenue edged up by only 0.2% despite a
The Industrial Output Prices Index for March 2013 reached 137.7 (base 2005=100), recording a decrease of 0.1% compared with February 2013. The Manufacturing index in the same period reached 125.5 units, rising
In a written statement President of the Republic Nicos Anastasiades pointed out that public statements attempting to postpone exploitation of energy resources of Cyprus’s Exclusive Economic Zone, strengthen Turkish intransigence and do
The Minister of Finance Harris Georgiades is expected to send, within the next few hours, a letter to the Russian government in order to begin the renegotiation of a Russian loan Cyprus
Cyprus is the most reliable neighbor of Israel, President of the Republic of Cyprus Nicos Anastasiades has said, adding that the discovery of hydrocarbons in the Mediterranean sea creates new prospects for
The government of Cyprus announced Tuesday a series of measures to combat unemployment on the island, which, in March 2013 increased 14,2%. Minister of Labour and Social Insurance Zeta Emilianidou announced the
The 2013 Offshore Technology Conference kicked off in Houston, Texas, attracting the interest of thousands of professionals from the energy industry from 110 countries, including Cyprus. The annual event is expected to
Four more people in China have died from a new strain of bird flu, bringing to 31 the number of deaths from the mysterious H7N9 virus, with the number of infections rising
Stepping into the debate over who should be screened for lung cancer, a leading medical specialty group in the U.S. issued new guidelines on Tuesday recommending that doctors offer annual low-dose CT
