Cyprus pays 3.9% to issue 31-week debt

Cyprus sold 50 mln euros of 31-week government treasury bills at an average of 3.90% on Thursday, the Finance Ministry said. The sale was above the 40 mln it had initially sought

Industrial turnover up 4.1% y/y in April

The industrial turnover index reached 116.1 units in April, according to the Statistical Service, recording an increase of 4.1% compared to April 2010. Industrial production in the same period fell by 4.3%.

Serbia arrests last major war crimes fugitive

Serbia's last major war crimes fugitive, a Croatian Serb wartime leader indicted for crimes against humanity during the 1991-95 Croatian war, has been arrested, a Serbian official told Reuters on Wednesday. Goran