A furious wave of protest finally swept Egypt's President Hosni Mubarak from power on Friday after 30 years of one-man rule, sparking jubilation on the streets and sending a warning
Greek bank stocks were losing more than 4.0% on Thursday, underperforming the broader market, on wider government bond spreads and a downswing in Europe. "Disappointment over Credit Suisse results and a widening
Just two years after the merger between Laiki Investments and CLR, the new entity Marfin CLR continues to command the volume of trade on the Cyprus stock exchange accounting for one in
Revenue from tourism performed better than arrivals in 2010, rising by 3.8% to EUR 1,549.8 mln compared with EUR 1,493.2 mln in the corresponding period of 2009. Arrivals fo tourists in the
Vice President of the Russian Union of Travel Industry Yuri Barzykin has recommended Russian tourists, who cannot travel to Egypt, to visit Cyprus and Greece, the portal ellada-russia.ru has reported. According to
Greece’s Deputy Foreign Minister Spyros Kouvelis has described as especially positive the prospects of investment and business ventures between Cyprus and Greece, despite the slight decline due to the lagging economy. Addressing
Cyprus’ exports in 2009 accounted for approximately 6% of GDP, while exports of industrial products corresponded to the largest volume of products exported, with a share of 61%. Minister of Commerce, Industry
Egypt's stock exchange will reopen on Sunday, a bourse official said on Monday. The bourse last traded on Jan. 27 and has since been closed because of countrywide protests against the government
The annual inflation rate jumped to 2.84% in January from 1.64% in December according to the latest figures from the Statistical Service, largely owing to an increases in taxes. From January 2011
Registered unemployment accelerated in January, rising by 22.3% compared with January 2010 to 28,914. The pace of increase was faster than in the previous four months, when an average increase of 19.3%
