France pledges major drought aid to farmers

France's government will have to pay out several hundred million euros to compensate farmers hit by its driest spring in 50 years, chiefly livestock breeders who face high feed costs, the agriculture

Cyprus ship management grew 7.3% in H2 2010

The Cyprus ship management industry was in healthy shape at the end of 2010, according to latest results from the Central Bank of Cyprus’ Ship Management Survey. Ship management revenues rose in

Cypriots take flight in April

The late Easter seems to have booted outbound tourism in April, with the number of residents of Cyprus returning from a trip abroad jumping by 20.6% to reach 110,672 residents compared with

Fall in female pensioners facing poverty

More than half of female retirees in Cyprus fell into the “at risk of poverty” category in 2009, according to figures just released by the Statistical Service. The rate for retired women

Cyprus petroleum sales down 0.9% in Jan-Apr

Total sales of petroleum products in April 2011 fell by 6.7% compared with the previous month according to the Statistical Service. It noted that “a considerable decrease” was recorded in the sales