Cyprus petroleum sales down 1.7% in 2010

Sales of petroleum products fell by 1.7% in 2010 according to the Statistical Service. The main decline was recorded in the provisions of Gasoil to ships (down 27.8%), sales of Kerosene (down

Hezbollah-backed Mikati named Lebanon PM

Hundreds of angry protesters burned tyres and blocked roads across Lebanon on Tuesday after a Hezbollah-backed politician was named prime minister, shifting the balance of power in the country towards Syria and

Cyprus industrial turnover up 1.3% in October

The industrial turnover index for October 2010 reached 128.4 (base 2005=100), recording an increase of 1.3% compared with October 2009. For index for the manufacturing subsector, reached 115.2, recording a decrease of

Cyprus Construction prices rose 2.7% in 2010

Construction prices rose by 2.73% over the year earlier in 2010 according to the latest figures from the Statistical Service. There was a wide variety among various materials, however. Among the highest

Cyprus outward tourism rose 6.3% in 2010

While tourists coming to Cyprus rose by only 1.5% in 2010, the number of people travelling abroad rose by a much higher 6.3%, to 1,246,378 compared with 1,172,268 in 2009. There was