Cyprus - Page 1687

Tourism arrivals in Cyprus saw their best monthly increase in years in March, as arrivals of tourists rose by 14.8% over the year earlier to reach 103,803, compared with 90,434 in March

Global oil demand will hit a record high this year, the International Energy Agency (IEA) said on Tuesday, revising up consumption estimates as the world economy recovers from recession. The Paris-based adviser

Tourism arrivals to the east Mediterranean island Cyprus rose by 5.6 percent from January to March year on year, the statistics department said on Tuesday. Visitors to Cyprus totalled 205,006 in the

Greece on Tuesday easily sold a total of 1.56 billion euros ($2.12 billion) of 26- and 52-week T-bills, passing its first borrowing test since details of the European/IMF safety net were announced

Deflation is the only way Greece can effectively tackle its debt problems, International Monetary Fund (IMF) Managing Director Dominique Strauss-Kahn was quoted on Monday as saying. "The only effective remedy that remains

Cyprus cannot rule out the possibility of negative economic growth in 2010, following a 1.7 percent contraction in 2009, Central Bank governor Athanasios Orphanides said on Monday. "Real GDP recorded a reduction

 — €3 bln in UK and Switzerland — Wealthy Greeks and companies, spooked by the debt crisis hitting their country are believed to have moved up to EUR 3 bln out of

Cyprus' GDP in the fourth quarter of 2009 shrank by 0.3%, compared to the previous quarter, according to the second estimates released by Eurostat. On a yearly basis, Cyprus' GDP in Q4

President Demetris Christofias recently met with a delegation from the Cyprus Union of Shipowners, which presented efforts on behalf of the Union to increase the number of ships flying the Cyprus flag.

The first of 41 wind generators with a combined production capacity of 82 MW has gone up at the Oreites wind farm near Paphos, as part of the island’s ambitious plans to