Cyprus tourism revenue up 4.2% in April

Tourism revenue rose in April despite the 23% fall that was probably related to volcanic ash disruption. On the basis of the results of the Passenger Survey, revenue from tourism reached EUR

Cyprus industrial production down 3% in April

Industrial production fell in April according to the latest figures from the Statistical Service, Cystat. The index reached 90.2 (base 2005=100), recording a decrease of 3.0% compared with April 2009. At the

Clinton desperate to mend ties with Azerbaijan

Azerbaijan urged the United States on Sunday to help solve the dispute over the Nagorno-Karabakh Armenian enclave and U.S. Secretary of State Hillary Clinton pressed its authoritarian government on human rights. A

FxPro, CING win Cyprus innovation awards

Gov’t to establish research and innovation council GreenForest, Aerotechniki opt for greener business A foreign exchange trading platform, a landscaping and garden centre, an eco-friendly odour filtering system and the Cyprus Institute

Fitch reaffirms Cyprus rating

Fitch reaffirmed the Republic of Cyprus's long-term local and foreign currency Issuer Default Rating (IDR) at 'AA-' and the short-term foreign currency IDR at 'F1+'. The country ceiling was affirmed at 'AAA',

EAC Cyprus gets €200 mln loan from EIB

The European Investment Bank is providing a EUR 200 mln loan to the Electricity Authority of Cyprus to reinforce and extend the electricity transmission and distribution networks throughout Cyprus. This is the