German Chancellor Angela Merkel and the head of the IMF warned of financial contagion on Wednesday unless a euro zone debt crisis is stopped in Greece, while investors fled to the safe
Euro zone economic growth should be stronger this year than previously thought and the budget gap lower, the European Commission said, but it warned of risks to recovery from financial market tensions
Expenditure on health services in 2007 is estimated at EUR 959.6 mln, according to a report just published by the Statistical Service. The Report entitled “Health and Hospital Statistics” provides statistical information
Authorised building permits leapt in February according to the latest figures from the Statistical Service. The number of building permits authorised by the municipal authorities and the district administration offices rose by
The euro hovered close to a one-year low against the dollar on Tuesday on concerns about Greek debt problems and fears of possible contagion to other vulnerable euro zone countries. The euro's
Indebted Greece was given a further shot in the arm on Monday when the European Central Bank said it would accept all Greek government bonds as security for loans, even if their
European nations aim to formally launch the biggest ever financial bailout of a country this week, hoping to calm markets wary that Greece's rescue may be the first of several, expensive measures
— PGA to manage golf facilities, develop academy — The MedGolf Group, a joint-venture partnership between Hassapis Land Developers, Demes Karapatakis’ DJK Corporation and Sakyrco has secured the green light to develop
Total sales of petroleum products in March 2010 recorded an increase of 3.4% compared with the previous month, according to the Statistical Service. There was a large increase in sales of asphalt,
Industrial production in Cyprus recorded its smallest decline for 14 months according to our analysis. The Statistical Service reported that the index of industrial production fell by 2.7% in February compared with
