Cyprus Airways doubles flights to Beirut

Cyprus Airways, the national carrier of the Republic of Cyprus, linking Cyprus with Lebanon for over 40 years now, has announced it would double its flights to Beirut. More specifically, Cyprus Airways,

U.S. consumer spending up, savings dwindle

U.S. consumer spending increased slightly faster than expected in January as consumers dipped into their savings amid a small rise in incomes, which could help sustain the economic recovery. The Commerce Department

Cyprus outbound travel up 6.5% in January

Outbound travel showed signs of recovery in January as the number of residents of Cyprus returning from a trip abroad rose by 6.5% over the corresponding month of 2009 to reach 78.328,

Euro zone January unemployment stable at 9.9 pct

Euro zone unemployment remained at 9.9 percent in January and the previous month's jobless numbers were lower than previously thought, data showed, defying expectations of further labour market deterioration. The European Union's

Cyprus industrial production down 8% in 2009

Industrial production fell by 8.0% over the same period of the previous year in January – December 2009, according to the Statistical Service, having risen by 3.1% in 2008. Within the overall

Cyprus water transport rises 4.1% in 2009

The Statistical Service has announced provisional turnover indices for various branches of transport by activity for January – December 2009. The main developments by activity for the period of January – December