Former world champion Kimi Raikkonen will make his return to Formula One in 2012 after signing a two-year contract with Lotus Renault, the team said on Tuesday. The 32-year-old Finn won the
EU Economic Affairs Commissioner’s Spokesperson Amadeu Altafaj described as “encouraging” the messages from Cyprus, Malta and Belgium regarding the austerity measures to be taken in order to constrain public expenditure and consolidate
On the basis of the results of the Passengers Survey, 99,601 residents of Cyprus returned from a trip abroad in October 2011 compared with 109,956 in the corresponding month last year, recording
More than 50% of the enterprises with computers say that they have policies for reducing the amount of paper used in printing or copying according to the annual Statistical Service survey entitled
The price index of construction materials reached 126.43 (base year 2005=100.00) in October, recording an increase of 0.24% over the previous month. For the period January – October 2011 the index rose
The industrial turnover index reached 111.7 in August 2011 (base 2005=100), recording an increase of 2.8% compared with August 2010, despite the explosion in July that led to four weeks of daily
Cyprus Minister of Finance Kikis Kazamias appeared optimistic that by 15 December Cyprus will adopt a new set of fiscal consolidation measures. Kazamias participated in the meeting of President of the Republic
The newly appointed Chairman of the Cyprus Investment Promotion Agency (CIPA) Christodoulos Angastiniotis has highlighted the great prospects of attracting foreign investment in the field of energy in Cyprus, as a result
Turkey offered to bow to EU demands and open its ports, airports and airspace to Cyprus under what it called a "Taiwanese-style" diplomatic arrangement to help drive Cypriot reunification talks resuming on
Cyprus needs an effective fiscal consolidation plan to regain trust of the markets, but failure to do so will trigger an "exceptionally unpleasant" downward spiral, Central Bank governor Athanasios Orphanides was quoted
