Men in Cyprus earn more than EUR 2,000 per month on average according to the Statistical Services’ preliminary estimates for the second quarter, while women earn 25% less at EUR 1,636. The
Industrial production continued to fare badly in July, as the index dropped by 4.8% compared with July 2009. During the period January – July 2010, the index recorded a decrease of 1.4%
Turnover in the wholesale and retail trade sector was down in the first half of 2010, according to the latest data, primarily as a result of weak automotive sales. In January-June 2010
Egypt and Iran have agreed to resume direct flights between their capitals for the first time since 1979, Egypt's ministry of civil aviation said on Monday, but an official played down any
British physiologist Robert Edwards, whose work led to the first "test-tube baby", won the 2010 Nobel prize for medicine or physiology, the prize-awarding institute said on Monday. Sweden's Karolinska Institute lauded Edwards,
Jumbo, Greece's largest toy retailer, said on Wednesday net profit for its financial year to end-June dropped 17%, hurt by one-off taxes and the nation's austerity-driven consumption downturn. Jumbo said net profit
The European Investment Bank, the EU's financing arm, signed a 180 mln euro financing deal with Cyprus on Thursday for waste-water and urban development projects. Some 140 mln euros will go towards
Cyprus celebrated the 50th anniversary of the island’s independence on Friday with a military parade in the capital Nicosia. President Demetris Christofias, flanked by Greek National Defence Minister Evangelos Venizelos and Cyprus
The European Investment Fund and the Bank of Cyprus have signed a EUR 20 mln SME financing agreement under the JEREMIE initiative in Cyprus. This new financing facility aims to support micro
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